Exit the Market?

[pghquest]

Originally Posted by florida.bob

It's his most current posted disclosure to the House of Reps, just saying.

The ETF will gain rapidly with default on debt, Treasuries would tank.

The disclosure doesnt support the statement that its a Treasury short.. Again, it clearly says a Lehman short position.

Let alone the Treasury ETF would gain rapidly if the debt continues to climb, not on a "default".. The govt simply stop funding expenses which dont stop income to the treasury..

[Swingblade]

Originally Posted by florida.bob

Maybe Cantor has the right idea? Isn't he one of the negotiators? A little inside info maybe, hmmmmm.

Cantor short Treasuries « LBO News from Doug Henwood

Cantor is not shorting treasuries, the mutual fund that he does not run but only invest in is doing the shorting. I do not even like Cantor but there is nothing to see here.

[slackjaw]

Originally Posted by florida.bob

Tough question, I am thinking just exit for a week or so

For many investors statements like this are followed a week later with a nice loud "GODDAMMIT"