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ProShares UltraShort 20+ Year Treasury Message Board

  • thegoldude747 thegoldude747 May 8, 2012 5:15 PM Flag

    Doug Cass just said he took a HUGE short position on shorting the Long Bond

    Not sure if I feel comfortable with him shorting the long bond, the housing market and job market still in a crisis. I still say he is to early?

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    • I didn't get him shorting the long bond either, I'm no pro like Cass is but I'm smart enough to figure out with the housing market still in shambles and the unemployment rate still high and Europe in crises that only a moron would buy TBT at $22 or even $20. I like Cass think the Long Bond is a bubble also, but irrational markets can stay solvent longer than I can trying to chase it lol Any one seeing it improving any time soon? I don't, TBT could go to $15 no?

 
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46.40-0.29(-0.62%)May 27 4:00 PMEDT