Tuesday, November 09, 2010 9:13:05 PM
TLT had highest volume day in history last week - day of Fed announcement
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34264545
I was long TBT (2x inverse of TLT) and sold into the spike. TBT is now $2.00 higher than where I sold it! This was a large trade, I thought I was being prudent managing risk, but it turned out to be a large mistake.
Needless to say, I expected Fed buying of long bonds to prop up TLT into a neutral position. This has not happened (so far).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34264545
I was long TBT (2x inverse of TLT) and sold into the spike. TBT is now $2.00 higher than where I sold it! This was a large trade, I thought I was being prudent managing risk, but it turned out to be a large mistake.
Needless to say, I expected Fed buying of long bonds to prop up TLT into a neutral position. This has not happened (so far).
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