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To: Jacob Snyder who wrote (12194)8/15/2011 1:14:04 PM
From: Debt Free  Read Replies (1) | Respond to of 13403
 
Jacob

just wondering if you considered shorting UBT, instead of going long on TBT? I have not checked yet, but would think that you would get the benefit on any "slippage or decay" of the price instead of it working against you?



To: Jacob Snyder who wrote (12194)8/16/2011 12:53:02 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 13403
 
TBT bot 1000 more @ $26.30; entered order to sell at $33. 30Y Treasury yield at 3.75%.

LT rates just bounced at their 2010 lows, forming a nice double bottom (if it holds). Aside from the panic of late 2008, rates are at the extreme low end of their range. RSI on weekly chart below 30, are rare event.