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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%4:00 PM EST

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To: TobagoJack who wrote (43972)12/16/2008 9:59:58 PM
From: carranza2  Read Replies (1) of 217688
 
cancelled the tbt order and waiting for possibly significantly lower prices as charlatan helicopter burnandkaput can go nuts with fed purchase of debt, or make people believe he is crazy, because he is genuinely crazy

Good move.

Very astute.

Directly from the Fed's release:

The Committee is also evaluating the potential benefits of purchasing longer-term Treasury securities.

Time to re-evaluate, reconsider, re-think, etc.....for buying TBT is fighting the Fed, something not to be done lightly.
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