iShares Lehman 20+ Year Treas Bond (TLT)

All Comments on TLT

  • commenter
    Oct 03 09:06 AM
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    anyone know how far out banks do profit projections? calculations on what percentage of people will default? i assume its at least 50 yrs? don't they know what to expect? PS-SRS is doing GREAT Reply
  • commenter
    Oct 02 10:51 AM
    Even Asset Managers Run For Cover to Gold ETFs [view article]
    Dealers are haveing a very hard time getting silver to sell to customers who want physical possesion. If they get it, it is several dollars above the given spot price. The press should be reporting this, but their masters won't let them! I guess only the rich can get it now at anywhere near the spot price. Reply
  • commenter
    Oct 02 10:36 AM
    Even Asset Managers Run For Cover to Gold ETFs [view article]
    Gold is going to fall to $600 by the end of this year. I have been buying proshares shorts for the last 6 months. Glad I did! Reply
  • commenter
    Oct 02 09:25 AM
    Even Asset Managers Run For Cover to Gold ETFs [view article]
    Also: Yesturday (Wed.) there was a gap UP by $6-7 in the COMEX spot gold price right at noon, then it was beaten down by the bullion banks. Anybody have any ideas why it gapped UP intraday? Reply
  • commenter
    Oct 02 09:15 AM
    Even Asset Managers Run For Cover to Gold ETFs [view article]
    philly jim - read: Gold Bulls: Beware - seekingalpha.com/artic... - to see why gold is not behaving according to the laws of economics Reply
  • commenter
    Oct 02 08:49 AM
    Even Asset Managers Run For Cover to Gold ETFs [view article]
    I'm amazed it's staying under $900 in this environment. Reply
  • commenter
    Oct 02 08:20 AM
    My Website
    Even Asset Managers Run For Cover to Gold ETFs [view article]
    Gold is THE place to be for at least the next 2 t 3 years. Get it while it is still relatively inexpensive! Reply
  • commenter
    Sep 30 03:13 PM
    Outrage at Potential Bailout: A Letter to Forward to Congress [view article]
    This is a well thought out essay, and serves as good refernece material. However, it is too long to send to most politicians. Can you prepare something shorter and more succinct, not more than one page? Reply
  • commenter
    Sep 30 11:24 AM
    Crash Opportunities: Part II [view article]
    Your graph of gold prices, caused me to think back... The last time gold spiked to these levels, was approx. 1980. Gold is not the only safe-haven, so are CD's... In 1982 or so, I bought a CD, which payed 11.5%. Now, I have one paying 3.3%. Obviously, the price of gold and the interest payed on CD's, must have absolutely no relationship, or something is very different, this time around. Reply
  • Crash Opportunities: Part II [view article]
    There is a way to go yet... now even with the 700 billion rejected! Reply
  • commenter
    Sep 29 10:59 PM
    Crash Opportunities: Part II [view article]
    whinebey, go grab your websters and look up the definition of sarcasm Reply
  • commenter
    Sep 29 03:53 PM
    My Website
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    Thanks. Great answer, and I agree with you. Reply
  • commenter
    Sep 29 02:36 PM
    Crash Opportunities: Part II [view article]
    You have a long ways to go, and I'll take Jim and Marc over your wanderings just any day. Reply
  • commenter
    Sep 29 02:17 PM
    My Website
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    Dr. Divergence:

    This is uncharted territory. Closest example may be the INP exhange traded note from Barclays that stopped issuing creation units when India temporarily stopped certain foreign investments. That went way out of wack.

    In this case the instruments used to fund the inverse fund are most likely of definite term, except for their actual stock shorts. The derivatives will expire and the fund will become less short. Until the next report, we won't know how many if any actual stock shorts they have.

    Absent actual stock shorts the fund assets will be in run-off and would eventually be all cash or government debt instruments. In a rational world, the price would approach the NAV in that case.

    The expectations for future actions by Congress would probably be key, but I have no idea what those actions would be or how the market would respond.

    Today when the bailout vote failed the SPY was off nearly 7%.

    SKF is up 18+% as of the moment with nearly 16 million volume. XLF is down 11+% with 52 million volume, so the 2x leverage is approximately working for the moment.
    Reply
  • commenter
    Sep 29 01:29 PM
    My Website
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    Point taken, Richard. Good article. Do you have any views about the tracking error issue in SKF et al now that they are unable to issue new creation units due to the short ban? Reply