Tuesday, March 1, 2011

I Like Treasuries (TLT)

For those who care about technical analysis, long-term treasuries (TLT) are solidly above the 10 EMA and showing high relative strength!

Retail and speculator sentiment are both solidly negative - and commercials are long!

Plus a positive 4.5% carry.

What's not to love?

11 comments:

Taylor Conant said...

CP,

Sure, you like 'em, but do you like 'em enough to buy 'em?

Frank Chodorov won't. He says Don't Buy Government Bonds

Taylor Conant said...

ps. I wonder how many, "OMG WHAT AN IDIOT, DON'T YOU KNOW THE US GOVERNMENT IS INSOLVENT?! BUY GOLD!! AND SILVER!!1111" comments you'll get with this post.

CP said...

I should do a post that mentions silverbugs, nickels, Treasuries, Netflix, and Apple.

Stagflationary Mark said...

I Like Treasuries (TIPS)

I'm not quite as brave as you, but I'm close. ;)

You Say Potato (Humor)

I say potatoes and you say potatoes
I say tomatoes and you say tomatoes

CP said...

I will sell when people start saying

"TREASURYS R0CK!!1!1! OMG WHERE ELSE CAN YOU FIND REAL YIELD LOL?!"

Stagflationary Mark said...

CP,

"TREASURYS R0CK!!1!1! OMG WHERE ELSE CAN YOU FIND REAL YIELD LOL?!"

Speaking of real yields:

I tried to explain to a fellow TIPS investor on a Yahoo message board once that I'd prefer to earn 2% with 0% inflation than earn 12% with 10% inflation.

He wanted to earn the 12% though. I guess he just loves the thought of paying taxes on the inflationary gains.

Many TIPS investors seem to want higher inflation. I don't get it. All it does is hurt us. If inflation was 20% and I was earning 22% in TIPS, then I'd be seeing my purchasing power go down due to the heavy taxation.

It's a bit like buying fire insurance on my home, realizing that the premiums are just going to waste, and therefore secretly hoping arsonists move in next door!

I can't speak for others, but that does not exactly describe my mindset, lol.

CP said...

Auuughh! I just realized I've been wasting insurance premiums!

Stagflationary Mark said...

CP,

Auuughh! I just realized I've been wasting insurance premiums!

If you tell two friends, and they tell two friends, and so on, and so on...

Prosperity here we come!

whydibuy said...

Down a point already on cb's comedy club bond call, lol.


Careful or you'll get a rep like Mr 13 Tommy D. Hey, did anyone notice that Tommy was showing a chart from Jan where the 13 top was followed by another 9?? I guess Tommys 13 only was in effect for 1 day and then he was bullish again, lol.

LangoneRedStudyGroup said...

So no one has mentioned the artifical buyer purchasing 100 billion worth a month, that's slated to stop at the end of June? Or increasing inflation expectations?

CP, do you actually pull the trigger on anything you "like"?

getyourselfconnected said...

"I like the wizard of Oz."