Thursday, July 28, 2011
The DC Kabukki Theater Is Not Letting Up!
I believe it is getting close to a SLV sell point. The risk from this market seems to be leaking out if you assume there will be a last minute solution. To put this in kindergarten language I expect congress to turn their homework in a little late and not really solving the underlying problems ie with not enough deficit cuts to avoid ratings downgrades which are eminent. All signs continue to point upward on interest rates? TBT may worth another look at these levels. However this is a depreciating asset if held too long so caution is in order.
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About Me
- Mark
- I have a passion for investing and surfing.
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