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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: bmillermn who wrote (950)5/22/2009 3:54:20 AM
From: bruwin  Read Replies (1) | Respond to of 4720
 
I must confess I had forgotten about TBT. So I looked up the last reference you made here on the 21 Jan.’09 .....

”That's why the long TBT position I posted is catching fire. You want to be short LT Treasure bonds.”

I then went to BigCharts to see how it has progressed since then ....

The ‘price’ at the close on the 21st. Jan was $42.84.
It closed yesterday at $52.43.

It will be interesting to see how this develops in terms of your comment ”..don't forget TBT...this hasn't even started yet.”

We live in interesting times .....