TBT - The Big Trade's Back On

T-Bonds going down again

Well, I thought I'd be back into this one, and I am - after yesterday's cross of the 3dma below the 13 (for TLT, the 20+ T-Bond ETF).

So, I've bought another chunk of TBT (the Ultrashort 20+ T-Bond ETF). My arguments are the same as before - that currency debasement must eventually raise yields.

Of course, it would have been better not to have been whipsawed out the other day. But, with leveraged ETF's, it is too risky to stay in a counter-trend play. You may prefer different methods to my moving-average based system, but you need some sort of objective system and you do need to stick to it.