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ProShares UltraShort 20+ Year Treasury Message Board

  • the_invisible_hand2010 the_invisible_hand2010 Jan 3, 2013 3:42 PM Flag

    Initial stage of rally could take TBT to $84-92 area (higher later)

    $84-92 is only equal to the pre-split levels of $21-23, and we were there just last spring. Later stages of the TBT rally could take it up to the $132 area ($33 pre spit) where the gap down started. This gap should be closed. $132 would correspond to a 20 year yield of around 4.25%, which is still tiny compared to past levels.

    Sentiment: Strong Buy

43.77+0.25(+0.57%)2:02 PMEDT