The Black Box

[dieselfuel]

Thoughts on TBT:I don't think we'll see the BIG move on TBT for awhile (I mean the crash type move like we've seen in crude prices).

Foreign money is still pouring into US treasuries. The world economy looks bleak, so they park their cash in to US treasuries because they feel as if the US won't go into default.

TBT will still have some nice moves, but I think the bond crash is awhile off. Remember, everyone knew the crude bubble was happening and eveyone knew it would crash. No one just knew WHEN it would crash.

My feeling is, it'll be awhile. But, I'll be watching it and commenting on it as time goes by.

(I've yet to trade TBT)