While We are Waiting For Gold to go Nuckin Futz
Here is how Rambus Does it.
Here is the genesis of a “potential” big money making trade….Free to Goldtenters.
Its in perhaps the most unloved and generally boring market sector.
Watch the evolution of this trade over the next months / years….could be a BIG winner IMHO
“TMV is a 3 X short the TLT 20 year treasure bond etf. This trade is based on the TLT. For well over three years now the TLT has been building out what looks like a massive H&S top with the top of the right shoulder now in play. I’m going to take an initial position and buy 250 shares of TMV, 3 X short the TLT, and buy 250 shares at the market at 18.83 with the sell/stop on a daily close below the right shoulder low on the daily chart for the TMV at 17.35. I’m anticipating the the right shoulder high on the TLT will be the ultimate high. There will be several more entry points if this trades starts to workout.”
https://rambus1.com/2018/01/09/tmv-update-8/
This is quite similar to a trade Rambus made soon after the website first opened up .
Culminating in “Black Friday in the Energy Markets”
Reasonable punt here.
See Gross’ comments today (bond mkt bull over)
See also Hoisington … (one more price high remains)
Armstrong recently said, when it goes (yields up) it will be fast (short covering).
My work is ‘on the edge’. (Junk has more upside left, but utes and REITs may not.) So its one I’m watching very closely here.
These leveraged ETFs are relatively tame compared to most others.
TBT and TMV. PST also.
Debt is the monster under the bed. Gold is insurance, but debt is the beast!
I was going to take this trade tomorrow. I guess everyone is watching it. Thanks for posting Fully!
Appreciate the guidance on the trade FGC & R
Thanks Fully.
This one is not for the instant gratification crowd….gonna need patience