If TLT fails here I am going with this being the end of the bond bull
BONDS
Started by
dougie
, Jun 12 2016 04:35 PM
4 replies to this topic
#2
AChartist
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Tim
Posted 12 June 2016 - 04:39 PM
ok i'll take my starting position in tbt or equivalent been waiting on it for a while.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#3
johngeorge
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Posted 12 June 2016 - 04:51 PM
dougie
Last Friday I sold my long term US government bond etf. I had a very nice run with it and felt it was time to sell. Of course it was still moving up so I can't say when the bull in bonds is over. Perhaps the powers that be can keep it going for another 6 months, a year, or? However I did not sell my long term tax free bond etf. Planning to hold that for a time yet to be determined. Tax free income is good!
Peace
johngeorge
johngeorge
#4
fib_1618
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Posted 12 June 2016 - 06:10 PM
Money continues to pour into the interest rate sensitive issues...not a top in sight.
Fib
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#5
AChartist
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Tim
Posted 12 June 2016 - 10:10 PM
I guess so Fib, they havent gone nominally negative yet although US is the highest real negative they dont know the difference.
Probably have to wait for a real break in stocks that TLT joins along, react rather than predict because it will be a long run after it does turn.
I was doing a little corp bonds in 401k because it is the FDR bookend rerun of returning private property to its "rightful" owners,
central banks taking up the stocks, bonds, and etfs on the taxpayer tab.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
