Bagman's charts, watchlists, scans and etc.

[**D*A**]

I thought bond funds were a flight to safety. I think they were, buTT... if you noticed? 30 year bonds went up as the market slumped.

What I think is the real problem, is in the last few years, conservative funds have gotten slaughtered. They weren't giving the returns that high risk bonds were, and the sheep were disenchanted. As the money left those funds, they were forced to take on more risky assets like higher yielding Greek bonds, and junk bonds to oil companies, and so forth.

Well....now their money is tied up with junk, and they are going down with the market. The absolute opposite of what I went into the funds for. I'm not real happy with the shitty choices the fund managers made. I'm also not real happy with my Wells Fargo financial rep's choices that I have.

I wanted to get in on this action.