"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, January 7, 2011

3-7 year Treasury Bonds (IEI)

http://www.biiwii.blogspot.com

I was too chicken to buy long term bonds, although this is still an option.  The 3-7 year fund I did buy however, has obediently turned up as if I knew what I was doing buying the great inflator's debt.  Still, while the pattern looks bullish to me, it has not yet broken upward.  Still rooting for Uncle Sam here and if things go as planned, I'll collect some income and some NAV gains while the d Boys get a little air time.