TBT still falling

[saliva]

Quote from harkm:

You would think so but this market is heavily manipulated. The Fed is still buying mortgage backed securities and the sellers of those securities just switch the money into treasuries so really the Fed is still propping the treasuries up. Also, now countries around the world are buying dollars to keep their own currency from rising and then they park those dollars in treasuries. It is hard to figure out short term. Long term you know they are going down big.

Most definitely, but the Fed's injection of huge pile of cash in the market at the expense of everyone else around the world, especially China, will have to end more sooner than later. Personally, I think this would serve as the 21st century angst that will embroil nations into needless conflicts.

 

[kalzayani]

Placing longs at 42.5 are
TGT 51 next month

Good idea?