There may be considerable upside yet to play out in US Treasuries. The unwinding of US carry-trade is reason enough alone to hold treasuries. At the very least I would wait for the unwinding process of the CDSs market to play out. As long as derivatives are at risk to counter-party defaults, the unwinding of leverage will put upward pressure on the USD. Forget about the yield until the unwinding of borrowed USD subsides. What if the next government cracks down on speculators of derivatives and commodities? There is too much uncertainty to forecast much more than a day.
The End of the Economy As We Know It? [View article]
Until a society is willing to except a limitation on individual wealth, the boom bust cycle will continue to repeat itself. Trust cannot be achieved in a society that worships its wealthy class.
We're Now Putting In a Short-Term Bottom [View article]
VERY SHORT TERM IS MY BET I give it less than a week before this rally fizzles out. This classic bear market rally will loose steam much quicker than the last, I peg about 12400 for the dow, then buyers will sober up quickly and realize we have more down side to come. There seems to be a shifting of funds from the late cycle stocks of tech and commodity winners to the early cycle stocks of financial and retail losers, also short sellers are covering these losers for better shorting opportunities. Why hold a short in financial's when you can short higher valuations in tech and commodities. Who is buying these high valuations today, is it program induced from the index?
The Market Is Telling Us Something [View article]
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On Nov 27 12:01 AM Jeff Herman wrote:
> Is there an ETF I can use to short Treasurys, like UND for the dollar?
The Market Is Telling Us Something [View article]
The End of the Economy As We Know It? [View article]
“Let everyone make as much money as they can during their life”
I say that one mans wealth shall be no greater than 10 times that of the average man.
My God! I have reached my limit, what shall I do now?
Every man, woman and child is not without food, shelter, health care and education.
The End of the Economy As We Know It? [View article]
Will the Fed Really Cut Rates Twice in One Week? [View article]
We're Now Putting In a Short-Term Bottom [View article]
I give it less than a week before this rally fizzles out. This classic bear market rally will loose steam much quicker than the last, I peg about 12400 for the dow, then buyers will sober up quickly and realize we have more down side to come. There seems to be a shifting of funds from the late cycle stocks of tech and commodity winners to the early cycle stocks of financial and retail losers, also short sellers are covering these losers for better shorting opportunities. Why hold a short in financial's when you can short higher valuations in tech and commodities. Who is buying these high valuations today, is it program induced from the index?