I looked at a chart of TBT the past few days as it looks like Treasuries are heading into bubble territory. This bubble may burst just as quickly as oil, once people get a sense that there is going to be plenty of cheap money coming down the pike. I may be wrong, but if TBT got down to the 27 dollar range, I would probably buy some out of the money calls on it, because I do thing when it does turn it will be fast and hard. Maybe spring back above 50 quickly But just seeing the chart (which is an inverse double etf) I think it needs to be a little more extended for me to say the bubble will pop. Bubbles always stretch longer than people think.
As for Gold, all the dynamics I believe remain in place for the golden metal to become the next bubble. With all currencies being manipulated lower to create inflation using gold as a place to put cash remains one of the most obvious choices. For those who want the name of an ETF, DGP and GLD work.
I predicted Chargers win the Super Bowl as my darkhorse pick and tonight they looked sharp.
If I could only buy one stock sector tonight and had to hold for ten years? I would choose home healthcare stocks.
With 1/3 of our baby boomers set to retire, will we be talking about record low unemployment in 24 months?
Will the story of 2009 be that everything they did to battle the economy in 2008 worked and things are re-stabilized? I feel purely optimistic, in that I truly feel the future will be great not synthetically optimistic where I am having to fabricate the feelings.
I realize this is a crazy statement, but I look for the market to be up 70 percent from these levels by this time next year.
So far, I am liking what I see from Obama. He may be a closet conservative. You heard it here first if he is. I think he is a two termer.
I.L.
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