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CGTS: TBONDS HEADING HIGHER; Short TBT; Short TYX

|Includes:ProShares UltraShort 20+ Year Treasury ETF (TBT)

CGTS: TBonds Heading Higher? Short TBT; Short TYX

We received two related shortsell signals today: Short TBT, the 20-year TBOND inverse index -- which gains when 20-Year TBonds fall -- and Short TYX, 30-Year TBond Yield ETF -- which gains when 30-year TBonds fall.

The weakness being shown in both of these ETFs indicate more strength in TBonds is likely.

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We looked for confluence in the TBT and the Dow Jones Industrial Average -- TBT has not been traded for long. Weekly charts show pretty good (though not a perfect) correlation between the two. When TBT goes up, DJIA also tends to go up.

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MICHAEL J CLARK

CGTS - Hanoi, Vietnam

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: TBT