Im getting long the TBT...Jim Rogers can't be wrong...

Discussion in 'Trading' started by sirmagic, May 11, 2011.

  1. sirmagic

    sirmagic

    Shorting treasuries...
     
  2. Good idea, as long as the SPX continues to rally. [​IMG]
     
  3. Locutus

    Locutus

    :/

    In case you haven't cought on the name of the game is "If anything threatens to go wrong, just change the rules!". Plummeting treasuries among other things are part of "things going wrong" so it will never happen, at least not until the MO changes.

    Nothing yer fancy Jim Rogers can do about it either. I don't philosophically agree with the methodology too much either and it's bound to go wrong, eventually.

    Case in point: Greece and Ireland are begging for and probably going to get lower rates. Which is complete bullshit of course and in no way reflects anything close to a realistic risk premium. But like I said, shit goin' wrong, change the rules. The rules are so complicated that the peasants won't even notice how fucked up they're getting until the jig is up.

    Also it's perfectly possible for the S&P500 and treasuries to rally at the same time.