Buffet curses TLT…

0506tlthttp://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=0&mn=9&dy=0&id=p47215435732&a=231495808

Well we don’t actually know that Warren curses.  But he bad mouthed the bond market.  We were already short and we added to our position today. (asterisks).  We don’t think this is the beginning of the end.  We think it is the beginning of the beginning.  Readers should be aware that this is trading (aggressive) and not investing.  We’ll tell you when we think an investment on the short side is warranted.  Obviously we shorted with TBT, not TLT.

Looks like bullish things are brewing.  Qs broke out today on a gap.  Worth buying.  We’re working on the stops now.  Watch this space.

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