Most likely TBT will test the top trend line; our bonds are not
what they used to be, Everyone realizes we (US) are going to
get a down grade and therefore have to pay higher interest rates
to attract buyers. I've long thought that interest
rates would rise before next years elections so as to make for
higher cost of living payments to all Social programs.
Everything working out as planned ................
TBT looking strong
Posted by frtaylor on 21st of Jul 2011 at 10:28 am
TBT broke above recent resistance at 33.38. Matt, ditch, thoughts? I wonder if we will go down one more time for a decent 5th wave.
Most likely TBT will test
Posted by ditch on 21st of Jul 2011 at 10:52 am
Most likely TBT will test the top trend line; our bonds are not what they used to be, Everyone realizes we (US) are going to get a down grade and therefore have to pay higher interest rates to attract buyers. I've long thought that interest rates would rise before next years elections so as to make for higher cost of living payments to all Social programs. Everything working out as planned ................
Good assessment - especially shorter
Posted by frtaylor on 21st of Jul 2011 at 10:55 am
Good assessment - especially shorter term watching for testing upper trendline. Thx!