Major Gains!
I hope some of you were able to catch some of these gains in treasury bonds. I couldn't have timed the entry more perfectly. I announced it in the community on the day that the current rally initially started. Did any of you join the ride?
If you grabbed the leveraged ticker that I mentioned in the post, TMF, then you would be up over 47% at this point.
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Rainbow8 : Recently the price went, will be a good time to add more or wait for more retracement?
SpyderCall OP Rainbow8 : so far, it looks like there is more room for upside. But if and when the Fed signals higher rates, then that might bring it down a bit.
humorous Lion_4210 : I think if we don’t have a rate cut in January, we will in March. Which would send TMF higher
SpyderCall OP humorous Lion_4210 : you are absolutely right. We might see minor dips if the Fed hints towards a longer pause or if investors think the pause will last longer. But cutting rates will almost surely send TMF higher.
JonnyBets : I remember when you mentioned these. good call
SpyderCall OP JonnyBets : thanks
Biff : Very Nice move Spyder
102180832 : Bond yields are blowing up becos of traps laid by cunning analyst . Everyone is happily employed !