Fri, Oct 31, 2014, 6:21 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

ProShares UltraShort 20+ Year Treasury Message Board

  • usaf_ghost_rider usaf_ghost_rider Sep 22, 2010 11:22 AM Flag

    Curve Appeal -- downward

    Big selling point and more fallout to the downside is evident.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Ok agree, at some point we get long holders bunkered down and supportive of price low 30's / high 20's is target range. You may have to hold this thing for 36 month for profits, but its a nice hedge on the over bought T-Bills. Gold money may end up here at some point, stay the coarse.

      • 2 Replies to puckstopperforhawks
      • "stay the coarse. "

        Coarse
        course
        curse
        Coors

        We should keep the illegal immigrants and deport the citizen-morons who can't even cope with English.

      • "You may have to hold this thing for 36 month for profits"
        ==========================
        You totally ignore the significant decay factor in TBT. Even if interest rates don't drop any more, TBT will decline significantly--just look at interest rates and TBT pricing a year ago and today. Treasury interest rates are comparable, yet TBT has droped from 52 to 31. THAT IS DECAY.

        Can only use TBT for very short term (days and weeks at a time) expectations of slight interest increases (i.e., Treasury selloffs) in this market. Sell each little pop, let it decay back (or be driven down by fear again, like today) and buy.

        Don't even imagine you can hold this for even 6 months in the current environment and dream of making a profit. I should know, I was burned big time trying this in the last year.

        Stupid me did buy a little TBT yesterday and down a dollar already. I should have waited out the Fed and the immediate market reaction. Just too many unknowns there to burn you.

 
TBT
52.94+0.26(+0.49%)Oct 31 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.