The Residential Real Estate Post-Crash Index-MODERATED Message Board

To: LLCF who wrote (67477)	5/18/2012 9:45:45 PM
From: TH	Read Replies (1) of 91252

DAK, His target is 1.5 or even lower on the Ten, so there is room. An idea that some have tossed out is the Fed will actually let the market contain yields for a while. Just letting the natural course of the market do it's thing might bring that 1.5 or lower print. As I said a couple of weeks ago, the time to buy TBT is not now. My goal is sub 15, and we might even go a bit lower. But someday, shorting the long end is going to be the trade of decade. I just don't know when. But, I do know that if you can limit time premium (i.e. short a long Treasury fund vs. longing a short Treasury fund), taking that action sub 1.5 is going to pay in time. That's my plan, subject to revision, subject to modification for error, and nothing more than a guess. Good Trading TH