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Bulls finally pause,bears terrified to go short


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Posted

MUB at all time high, as Mr. Hand said in Fast Times at Ridgemont High,

 

"What are you, people? On dope?"

 

 

the grab for yield will end in tears(or another massive $Trill + bailout), as it always does.

Posted

MUB at all time high, as Mr. Hand said in Fast Times at Ridgemont High,

 

"What are you, people? On dope?"

 

 

the grab for yield will end in tears(or another massive $Trill + bailout), as it always does.

To be honest,with it's yield at 3.20%,it could go much,much higher based on what the yields are on 12-14 year paper.I think the maturity is a 12 year average.

 

I have no idea where it tops at all,but even a 120 print on MUB would not surprise me if treasuries stay near or below the current yields.Even at $120 the yield would probably be 2.80% or so.2.80 tax free is great compared to a 10 year treasury taxable at less than 2%.

 

 

But if treasury yields blast off all of a sudden,it could ugly up quick.

Posted

post-1110-132762045365.jpg

 

:ninja:

 

My post pic was of the AAII sentiment survey info

 

Bearz 18.9%

 

Bullz 48.4%

 

Nuetered 32.7%

Posted

My god. Are all the webhosts in the world absolute horseshit. I can't believe that they can't get some critical applications working. I finally get fed up with the last hosting company after 8 years of abuse, and now these new guys who were supposed to be so good are like the fucking gang who can't shoot straight. God help me.

Posted

You tell them what the problem is, and right away the start working on something else and tell you that's the problem instead of working on what is the problem. Then they tell you that they fixed the problem that wasn't the problem in the first place.

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