I see an island reversal
(Never bet on the other side of me.)
Any trapped TLT bears?
Started by
greenie
, Jul 10 2007 11:54 PM
6 replies to this topic
#1
Posted 10 July 2007 - 11:54 PM
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#2
Posted 11 July 2007 - 08:29 AM
I wasn't short...but still has to prove itself...could turn into an ED 5th of C...has to get above that resistance line drawn here....count similar to TNX I posted up top...but in reverse obviously.
http://stockcharts.c...7686&r=8498.png
http://stockcharts.c...7686&r=8498.png
#3
Posted 11 July 2007 - 08:48 AM
..plus I can't find where you said you went long TLT....could you show me...so I remember not to go against you. lol
#4
Posted 11 July 2007 - 08:53 AM
I'm still short TLT, greenie...not trapped though. Buy-stop was not taken out.
#5
Posted 11 July 2007 - 08:59 AM
..plus I can't find where you said you went long TLT....could you show me...so I remember not to go against you. lol
April or May 2006 was the big position - don;t remember, added in Jan 2007 - I have to find the posts from the archives. Just search da_cheif and bond crash, and it should be within a day or two.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#6
Posted 11 July 2007 - 09:34 AM
ok..that's different..I thought it was a short term position..
..what bugs me here is that utilities didn't rally on this dip on rates which is a non confirmation to me...and TLT should make that new low and the 10 year a new high on rates.
#7
Posted 11 July 2007 - 03:03 PM
If you really wanna be a bond bear, junk bonds are crashing hard, irrespective of TLT direction.
I do not know about UTILs, but REITs are responding to the junk market. That's where their credit comes from.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !