Thursday, July 21, 2011

What about Treasuries?

Here's my last update on T's

 Here was the move out of nowhere, my last update I said I thought it was a melt-up so the locals could get better positioning on a short trade, having some inside knowledge.

 At the white arrow is my TLT pullback call, note the melt-up had ZERO 3C confirmation.

And the action since.... It seems there's some inside information that we are not yet privy to, but the locals are acting on it.  TBF and TBT are the inverse or bear ETFs on 20+ year treasures.

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