Jim’s Mailbox
Posted by Jim Sinclair on July 16, 2011 @ 3:29 pm in Jim's Mailbox
Fade The Wonderful Budget News Bond Rally
CIGA Eric
Rogers has an excellent feel for the markets. Money has already begun repositioning for the "wonderful budget news" bond rally. Smart money knows better and will be fading it.
US Treasury Bond 20YR+ (TLT) And US Treasury Bond Diffusion Index (DI) 
[1]
Video: Rogers Holdings Chairman Jim Rogers discusses whether the U.S. will default on its debt and how to invest in this volatile market.
If there is some news on the budget, the bond market might rally, but it’s a false rally. 1:30
Source: jimrogers-investments [2]
More… [3]
URL to article: http://www.jsmineset.com/2011/07/16/jims-mailbox-744/
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[1] Image: http://2.bp.blogspot.com/-WZQfyIlOL9A/TiG3KGd2DfI/AAAAAAAAE_o/cfxIkUcJACk/s1600/COT%2BF%2526O%2BUSTBD%2BDI.JPG
[2] jimrogers-investments: http://jimrogers-investments.blogspot.com/2011/07/if-there-is-some-news-on-budget-bond.html
[3] More…: http://edegrootinsights.blogspot.com/2011/07/fade-wonderful-budget-news-bond-rally.html
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