tag:blogger.com,1999:blog-6062751687592413583.post7509497916980037549..comments2024-03-26T21:56:51.634-07:00Comments on World of Finance.: Terrifying Tuesday.World of Financehttp://www.blogger.com/profile/14109552944903875871noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-6062751687592413583.post-81874004335993314532012-10-10T03:40:12.439-07:002012-10-10T03:40:12.439-07:00Thanks Mikey. Today most likely range bound or sma...Thanks Mikey. Today most likely range bound or small red.<br />I think Oil will move between $88 and $92. World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-3554749209690816942012-10-10T03:38:43.390-07:002012-10-10T03:38:43.390-07:00Apart from options or futures I do not see much op...Apart from options or futures I do not see much opportunity to short bond for retail in 401K. I do not like options for retail investors.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-39942832544145879432012-10-09T19:41:28.298-07:002012-10-09T19:41:28.298-07:00You can short TLT (or buy puts or put spreads for ...You can short TLT (or buy puts or put spreads for the same purpose), but it sucks too. Futures is the best instrument.Romanhttps://www.blogger.com/profile/14035792428178102698noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-78715712212878938472012-10-09T19:37:04.938-07:002012-10-09T19:37:04.938-07:00TBT got second life after reverse split. One of th...TBT got second life after reverse split. One of those ETFs that "goes to zero" over time.<br /><br />My point about being long gold is that gold has nasty commodity-type corrections. Yes, it's been grinding up and up so far, but 20% corrections are always around the corner.<br /><br />Contributing to a rant blog? Nah... <br />It doesn't make ones trading or investing any better. Besides that there is already best rants blog - ZH :)Romanhttps://www.blogger.com/profile/14035792428178102698noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-16369139157720808192012-10-09T19:22:52.534-07:002012-10-09T19:22:52.534-07:00Perhaps sell shares of UBT short? This will provi...Perhaps sell shares of UBT short? This will provide you with a play on short treasuries, has leverage, and will let you take advantage of the ETF decay. Mike Phttps://www.blogger.com/profile/04749814122052860517noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-19137385928924053942012-10-09T19:10:56.858-07:002012-10-09T19:10:56.858-07:00Great job done BB! your cycle prediction is very g...Great job done BB! your cycle prediction is very good! <br /><br />Wish tomorrow is a up day when closing. <br /><br />so BB, how do think oil will do within this week? still up and down?Mikeyhttps://www.blogger.com/profile/14233807509984483683noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-80268324133330419302012-10-09T18:55:17.362-07:002012-10-09T18:55:17.362-07:00Yes, there is decay in TBt also and I may hold it ...Yes, there is decay in TBt also and I may hold it till Mid-Nov. for now. But I cannot find any other short bond etfs, apart from selling puts on TBT.<br />If you can find out, please let me know.<br />Thanks Mike.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-9841435224902642312012-10-09T18:53:58.194-07:002012-10-09T18:53:58.194-07:00Thanks my friend.That is also my plan.Thanks my friend.That is also my plan.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-58752818549253033372012-10-09T18:50:10.195-07:002012-10-09T18:50:10.195-07:00BB - can you share the mechanics of TBT? I haven&...BB - can you share the mechanics of TBT? I haven't had a chance read the prospectus - is there a decay in TBT like you see in other commodity or leveraged ETFs (a la contango)? I'm assuming that there is but figured you might know specifically how it works. If there is some sort of decay involved - is TBT a short term play for you? Thanks! Mike Phttps://www.blogger.com/profile/04749814122052860517noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-42942648912664986772012-10-09T18:49:58.677-07:002012-10-09T18:49:58.677-07:00Good stuff BB. Got 1 fill today, hoping for that d...Good stuff BB. Got 1 fill today, hoping for that drop again tomorrow for some more fills.<br /><br />I like the in-text ads. old_leftyhttps://www.blogger.com/profile/07683461878971764793noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-70010071075412554942012-10-09T18:23:58.371-07:002012-10-09T18:23:58.371-07:00Made correction. Thanks.Made correction. Thanks.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-24432746168554680532012-10-09T18:12:00.485-07:002012-10-09T18:12:00.485-07:00I have the screen flashing /ZB (30 yr) up .21% and...I have the screen flashing /ZB (30 yr) up .21% and /ZH(10 yr) up .07%. may be I saw something wrong as TBT was up.And you are right.<br />Yes, it will be a very costly lesson for the safety trade.<br />And no, A better life is all about finding inner peace!:)<br />My cycles are saying all sorts of good things about gold and silver for another 14 months at least.<br />Would you contribute to the rant blog?World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-62191304942918704332012-10-09T18:00:57.587-07:002012-10-09T18:00:57.587-07:00Suggest you have a tight stop. Good luck trading.Suggest you have a tight stop. Good luck trading.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-36981476246770976322012-10-09T18:00:47.360-07:002012-10-09T18:00:47.360-07:00>> May be a dedicated blog for the rants wou...>> May be a dedicated blog for the rants would be in order. But I would need contributors for that. Please raise your hand. In the other blog about better life... <br /><br />Sounds like blog about better life is a nice place for rants :)<br /><br />Btw, all treasuries were noticeably down today (you mentioned they were up), despite market down. Note also how much lower was ZF (7yr note) compare to 10 and 30 years on a usual day. It means that short end of the curve is expanding and it's not a good sign for the market (and US deficit funding as well). <br /><br />(SPY-TBT) spread is starting to brake down. You're spot on that both bonds and stocks are going down. It'll be a lesson of lifetime to those who believed "safety" and piled in blindly in fixed instruments. Also it's been a crazy campaign over the last few years in press, on the radio, on all business TV stations: "Buy Bonds". <br />Gonna be pretty costly lesson I think :)<br /><br />Oh, and the last thing - gold. I think people don't realize that if you're a bank, then it makes perfect sense to hedge inflation risk with shiny gold bars in a vault. But if you an average investor or trader - treat it as a commodity, because it is a commodity. I wonder why nobody treats for example corn as an inflation hedge, although it's doubled in price since 2008? :)Romanhttps://www.blogger.com/profile/14035792428178102698noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-57885467460218125652012-10-09T17:57:54.926-07:002012-10-09T17:57:54.926-07:00im gonna cash in on some shorts..but leave some on...im gonna cash in on some shorts..but leave some on the table..just in case<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-69002934894116678752012-10-09T17:37:13.686-07:002012-10-09T17:37:13.686-07:00You are right is saying that get in and out quickl...You are right is saying that get in and out quickly. That is why I am not touching SPX or stocks. <br />Thanks for the compliment.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-74657636628504286442012-10-09T17:08:59.003-07:002012-10-09T17:08:59.003-07:00Great blog btw.
Interesting you and other respec...Great blog btw. <br />Interesting you and other respected bloggers believe the bounce will continue right into the election. Some other decent bloggers think the bounce will be short lived and actually fall into the election before having a good rally. Both forecasts are possible given the discrepancies between the indices etc..<br />All I can say is get in and out quickly until everything lines up better and there is a solid trend in place. Have a good night...testy99https://www.blogger.com/profile/03628697944346262377noreply@blogger.com