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iShares 20+ Year Treasury Bond Message Board

  • adamwangwang47 adamwangwang47 Aug 27, 2013 10:02 AM Flag

    Tlt has a chance to retest 110 adding positions: no tapering until 2014

    "I don't think they are even going to taper at all until (Bernanke) is done," he says. "I don't even think you'll see anything in November or December either," he predicts, stressing again that Bernanke is too smart, and too invested to blow it on his final at-bat so to speak.
    If he's right, Fahmy is predicting a positive reaction from stock investors who will continue to benefit from the Fed's policy of artificially lowering interest rates.
    "So I say no taper, and I think the market goes to new highs by the end of the year," he says, stressing that his call is a also based on "the price action" of leading stocks, which he says are performing well.

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TLT
117.29+0.65(+0.56%)Aug 22 4:00 PMEDT

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