Tuesday, June 15, 2010

TBT

I have done very little research on why TBT didn't go up very much today. This is one intra day trade i am trying tommorrow. If TBT for any reason gaps down tommorrow i will buy it at 10:oo-10:30 est. If it doesn't happen i am going to leave the trade.

One very important thing is to get the social mood right. Oil is bad right now ,but a lot of people know that we don't have a lot of it. US bonds, we have a lot of them outstanding and we have to issue a lot more to finance our future. I don't want to own bonds anymore. I believe the trade is done.

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