Did you draw Van Metre from memory or do you only have enough brain cells to trace left?
catbulliesdog on
I am in this picture and not happy about it.
downboat on
I feel called out, thanks trading gods I didn’t decided to go all in into $TLT calls as I had planned.
I waited and I’ll go with SOFR SR3 Future Options instead.
But I’ll wait until the end of the month. Maybe there won’t be a recession. And calls on TLT or SR3 are getting fffffffffed
JamesHutchisonReal on
It’ll correct. There’s a general stagflation play where they think the fed will suddenly change its mind. I think it’s misguided.
The Fed will not change its mind nor its course.
Keep in mind that bonds can sometimes trade irrationally. That’s exactly how long term capital management blew up (waiting for it correct, which it eventually did).
UncouthMarvin on
TMF is like TLT but 3x. Just so you go to 0 even faster
Wrong_Phase_5581 on
Buying TLT doesn’t mean you’re predicting a recession. You’re just predicting yields dropping. That’s not a crazy assumption given the feds policy and lower inflation.
unwanted_hair on
It uninverted again so we’re good.
downboat on
By the way, this is why the TLT play does not work as we Baghooldeers expected
lol your forgot these guys make hours of YouTube content saying that the end is coming soon.
zxc123zxc123 on
Collecting near 5% with TMF but who’s counting?
Also TLT/TMF are not for gambling gains. They are gambling insurance or the insurance policy on your gambling. Either way they aren’t for getting the Lambo but making sure you don’t end up sucking dick while getting your ass plowed behind Wendy’s.
Dense_Reflection4070 on
The same thing happened after the Fed cut rates in September of 07 
ultrasharpie on
You know…. i’ve been holding TLT and making bank. there is this one trick “THEY” dont want you to know about. Honestly, its super simple and super stupid, and you just make money forever. TLT is so predictable too, but you dont even have to trade it.
Latter_Ad7677 on
TLT has more upside potential than down
but TLT is a long game now for the paper hands
likely_Protei_8327 on
TLT doesn’t require recession. It requires interest rates to go down.
TLT isn’t a play on the market imploding. Its a play on the 4.8% money market account interest rate going down. Eventually that will happen and people will need to park cash somewhere that gives 3-5% annualized interest
QTheory on
Yea and the market indices haven’t budged since 9/19 with promised rate cuts and a surprising upside to the jobs number.. You just have less clown makeup on.
TomatoSpecialist6879 on
People thinking TLT only goes up when recession happens even though it’s actually due to interest rate cuts is why bers keep getting destroyed in everything but bond market and mmf.
EmergencyFair6786 on
It’s down to 94!? Wow. My average is around 92 and last I looked it was 99 just a couple days ago.
Floxnacinihliplfic8r on
Where’s the dude from last year who posted about a 3 million dollar treasury inversion play anyone remember that post?
Republic_Potential on
Lmaooo
CoC_Axis_of_Evil on
most libertarians would never buy treasuries so that is not accurate. This also doesn’t take into account the emerging BRICS currency driving treasuries down long term. Everything else is true, so far lol.
McSnoots on
Lol bagholder? I bought in the 80s and have made a few thousand so far. Just bought the dip
Previous_Section_679 on
Definitely not me
Reasonable_Yard9906 on
Rando Chinese stocks like up 200-300% in a few months while this is down 30%
wayfarer8888 on
Haha, I looked at the TLT chart 📉, much worse than I imagined. Yield is 3.82% ? I rather have someone write covered calls for me and earn twice that.
cozumel on
“Writes weekly articles for zerohedge.”
Golf clap!
newmes on
I lol’d at “Did you even see yesterday’s non farm payrolls?”
coffeepot25 on
Ngl this is me
gaius_worzels_bird on
Looks like me 
Wise-Ad4725 on
it’s like I’m staring at a mirror! lol lets see how TLT does in a month or two?
BuffMaltese on
“The job numbers are fake. Wait until you see the revision.”
innatangle on
*cries in TMF 😪
TheLelouchLamperouge on
Zero hedge article got me dead
MuellMichDoNichtVoll on
Oh relax fatboy 😉 what’s rather going to happen: interest rates manipulated down at all cost or a politician cutting spending and admitting they were wrong
35 Comments
This thing a fucking curse.
I don’t know what TLT is but this meme is great
Did you draw Van Metre from memory or do you only have enough brain cells to trace left?
I am in this picture and not happy about it.
I feel called out, thanks trading gods I didn’t decided to go all in into $TLT calls as I had planned.
I waited and I’ll go with SOFR SR3 Future Options instead.
But I’ll wait until the end of the month. Maybe there won’t be a recession. And calls on TLT or SR3 are getting fffffffffed
It’ll correct. There’s a general stagflation play where they think the fed will suddenly change its mind. I think it’s misguided.
The Fed will not change its mind nor its course.
Keep in mind that bonds can sometimes trade irrationally. That’s exactly how long term capital management blew up (waiting for it correct, which it eventually did).
TMF is like TLT but 3x. Just so you go to 0 even faster
Buying TLT doesn’t mean you’re predicting a recession. You’re just predicting yields dropping. That’s not a crazy assumption given the feds policy and lower inflation.
It uninverted again so we’re good.
By the way, this is why the TLT play does not work as we Baghooldeers expected
https://preview.redd.it/9o46nx9t1etd1.png?width=1290&format=png&auto=webp&s=61d673aedbbe4b6c02e764492cc1e19ee0f7043a
FED Funds rate is correlated with short term yields, but not so much with bonds.
Even when 20+ yields drop, they come back up in a few months…. so if shit hits the fan, we have to sell TLT after some time.
Sauce: [https://www.ustreasuryyieldcurve.com/charts/treasuries-time-series](https://www.ustreasuryyieldcurve.com/charts/treasuries-time-series)
lol your forgot these guys make hours of YouTube content saying that the end is coming soon.
Collecting near 5% with TMF but who’s counting?
Also TLT/TMF are not for gambling gains. They are gambling insurance or the insurance policy on your gambling. Either way they aren’t for getting the Lambo but making sure you don’t end up sucking dick while getting your ass plowed behind Wendy’s.
The same thing happened after the Fed cut rates in September of 07 
You know…. i’ve been holding TLT and making bank. there is this one trick “THEY” dont want you to know about. Honestly, its super simple and super stupid, and you just make money forever. TLT is so predictable too, but you dont even have to trade it.
TLT has more upside potential than down
but TLT is a long game now for the paper hands
TLT doesn’t require recession. It requires interest rates to go down.
TLT isn’t a play on the market imploding. Its a play on the 4.8% money market account interest rate going down. Eventually that will happen and people will need to park cash somewhere that gives 3-5% annualized interest
Yea and the market indices haven’t budged since 9/19 with promised rate cuts and a surprising upside to the jobs number.. You just have less clown makeup on.
People thinking TLT only goes up when recession happens even though it’s actually due to interest rate cuts is why bers keep getting destroyed in everything but bond market and mmf.
It’s down to 94!? Wow. My average is around 92 and last I looked it was 99 just a couple days ago.
Where’s the dude from last year who posted about a 3 million dollar treasury inversion play anyone remember that post?
Lmaooo
most libertarians would never buy treasuries so that is not accurate. This also doesn’t take into account the emerging BRICS currency driving treasuries down long term. Everything else is true, so far lol.
Lol bagholder? I bought in the 80s and have made a few thousand so far. Just bought the dip
Definitely not me
Rando Chinese stocks like up 200-300% in a few months while this is down 30%
Haha, I looked at the TLT chart 📉, much worse than I imagined. Yield is 3.82% ? I rather have someone write covered calls for me and earn twice that.
“Writes weekly articles for zerohedge.”
Golf clap!
I lol’d at “Did you even see yesterday’s non farm payrolls?”
Ngl this is me
Looks like me 
it’s like I’m staring at a mirror! lol lets see how TLT does in a month or two?
“The job numbers are fake. Wait until you see the revision.”
*cries in TMF 😪
Zero hedge article got me dead
Oh relax fatboy 😉 what’s rather going to happen: interest rates manipulated down at all cost or a politician cutting spending and admitting they were wrong