You obviously are either too cheap,too stupid or too lazy to stay current on what Kass has been saying. Shut the hell up because you don't know what you are talking about. Cash in your portfolio and pocket the 100 bucks.
I lost too much money following Kass into TBT around 32. Took my loss around 28. I bought back in at 19.2 this morning. TBT building a bottom around 18.5 to 19.
My reasons: 1) ECB buying Italian and Spanish bond overnight. Europe stabilize.2)US GDP ,jobs,retail numbers decent. 3)Federal gov't must borrow 1.5 Trillion a year to finance new debt. And renew old debt. 4) Spite with China. 5) China will have less surplus in the future to buy US treasuries. 6)QE III likely. 7) Election 2012,Politicle crises. 8) Twist has maximum 0.5% point effect on rates,according to Bernanke.
Timing is everything. I hope Kass is right this time.