Thump's Place FL
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Thump's Place FL

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 Crazy People Buy Bonds

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Thump

Thump


Posts : 2740
Join date : 2008-05-13
Location : Central Florida

Crazy People Buy Bonds Empty
PostSubject: Crazy People Buy Bonds   Crazy People Buy Bonds Icon_minitimeMon Aug 08, 2011 12:02 pm

I just can't understand people, US bonds rate gets cut and buyers push them up
to a new high.
10 Yr Bond(%) 2.39% -0.17

Meanwhile stocks go down, should have went up like gold 'cause the dollar
went down.

___________________
Main account:
Filled Buy 50 WM Market 29.7499
Filled Buy 50 WAG Market 36.3098
_______________________

Helen's IRA:
Filled Buy 50 WM Market 29.6099
Filled Buy 50 WAG Market 36.219
*****************

Just watching now to see if it breaks below the weak support level now.
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rockhump

rockhump


Posts : 1550
Join date : 2008-05-16

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PostSubject: Crazy People Buy Bonds   Crazy People Buy Bonds Icon_minitimeTue Aug 09, 2011 6:45 am

I was trailing the main indices a month ago and now ahead..Went 50% cash about 3 weeks ago before the market started tanking..Wish I had waited longer to jump back in but at least I missed alot of the first 5-7 % drop.

S&P down 11% for the year
Dow down 6.5 % YTD
Rocky 401 k down 4% YTD
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