What a strange day! Not exactly sure if we saw any impulsive waves down outside of the overnight move. So I am guessing zero technical damage has been done, therefore Party on Dude!
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te_fern wrote:Eight day view of the levered bond bear. See the breakout on this chart... Seems to be filling the gap right now...
boss: what do u think about TBT?
Pretty similar chart (Isn't TBT just the 2X versus 3X for TMV). Looking at longer term charts they're both pretty volatile within a range. I've found it;s hard to predict interest rates due to so many factors influencing them. And what influences the ST rates doesn't always apply to longer term rates....