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Technology Stocks : Full Disclosure Trading

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To: Jacob Snyder who wrote (12198)	8/19/2011 4:42:55 PM
From: Jacob Snyder	3 Recommendations Read Replies (1) of 13403

UBT sold short 400 @ $113.45, opening position. With my UBT, this almost doubles my short Treasury position. I'll sell my TBT at $33. I'm comfortable holding a short UBT position for months, if need be. We could get another spasm of fear similar to the end-2008 panic, which drove 30Y Treasury rates to 2.53%. If that happens, I'll short more UBT, and wait till the panic is over. 3.5%-4.7% looks to me like a tradeable range for 30Y Treasury rates. RIS below 30 on the weekly chart is a rare event, indicating extreme sentiment.

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