I get it boyz, you meant a double bottom at the lows of December 2008! How silly of me, I thought you were trying to put out reputable analysis (you too Bloomberg) that might have some sort of value to the average reader. Yes, I know, sometimes I can be a tad naive.My none too subtle negative thoughts about Citi aside, I am by no means predicting a return to last year's 2.6% deflation-scare levels, but 3.6% to 3.8% are highly doable.
Why on earth am I holding treasury instruments when the inflation bull horns shout it is suicide and the Citi TA boyz back them up with their supposed technical analysis? Why? C'mon.
I actually look forward to unloading this TLT garbage in the near future. The dividends have been gravey on top of the nice price appreciation, but all good things must end.
Larry, got any words of wisdom for the public? I am waiting for you Larry. You know the drill Larry, you can come up with some sort of spiel about the relative safety of T bonds in uncertain times. Pimpco has already begun shifting gears. Larry, maybe you can coordinate something with the other Larry. A simultaneous T bond and USD pump-o-rama.
