PharmBoy

Bond ETFs: Winds of Change Begin to Swirl

I've been long TBT for a couple of weeks. A little early but this is one leveraged ETF that is actually worth holding onto for the intermediate term without fear of being crushed (ala SKF)...this is going to 50 in a hurry, long treasuries doesn't seem to be the trade going forward.

Market Outlook: Bill Gross Has It Exactly Right

I'm currently long TBT and down 5.5% from my entry at 46.50. Was I too early on this trade? Should I cut my losses and re-enter when the longer-term picture is clearer or stick to the trade for the next 3-6 months? Thanks.