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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (29393)3/1/2012 12:11:21 PM
From: GROUND ZERO™  Respond to of 223543
 
Very nice trading, indeed... yes, I think the bonds have lots more downside between now and year's end, and I think TBT is a safer trade since you can control your own volume...

GZ



To: SGJ who wrote (29393)3/1/2012 2:43:38 PM
From: Al Greenleaf  Read Replies (1) | Respond to of 223543
 
"I just covered my bond short. Took a nice chunk out of it. Still long the TBT trade though."
TBT, (2X Ultra 20 Yr Bond) was recommended today by Steven White (Fast Money). It is optionable as well, with good trading volume. It needs to break nearest resistance at 19.75. It is at 19.23 now. FYI.
Looks worth keeping.