Direxion Daily 30Y B (AMEX:TMV)

CAPS Rating: 1 out of 5

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Player Avatar uglyguy (< 20) Submitted: 7/4/2010 10:43:46 AM : Outperform Start Price: $207.30 TMV Score: -99.07

This one is so simple, let me just itemizeA. Other nations will catch on to the deflationary risk to the USD (decreased purchasing power) due to monetizing debt. B. Appetite for low yeild will dwindle. C. Increased risk for devaluing of USD by removal as reserve currency. (exponencial increase to inflation)** Bubble created by miss understanding of safe haven. 30 years is now far to long term to count on America's ability to repay debt with "valued" currency. This was a good buy at $50, now is a GREAT buy.

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Member Avatar chk999 (99.99) Submitted: 8/12/2010 12:31:44 PM
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I don't think you understand how bond prices react to interest rate changes.

Member Avatar Valyooo (99.91) Submitted: 8/16/2010 12:37:39 PM
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CHK999, this is the bear ETF...I think you meant to redthumb TMF

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