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TxTittyFan Says Short Treasuries and Short Dollars (Continued...)

Dougster

Around Jan 24 I started a thread to track how well someone following txtittyfan's advice to short treasuries and short US dollars would have done. I cannot post to the original thread because it is too old, but here is a link for anyone interested:

http://www.tuscl.net/dt.php?DID=95481

The important points are that we started tracking tx with:

DXY (US dollar index): 78.28 (txtittyfan said this would go down and I was a "loser" for buying US dollars)
TLT (long term treasury fund): 92.00 (txtittyfan originally said to short this around 87.5 last year the day before it bottomed because it would going to go down even more. On Jan 24 it was 92).

Today we have:

DXY: 81.35
TLT: 90.11 (+0.96 dividends) = 91.07 effectively.

So far txtittyfan's has been total garbage. As you can see DXY is way up since he called me a "loser" for buying US dollars.

If someone had shorted TLT last year, the day before it bottomed, as txtittyfan suggested they would been down about 3.60 a share plus 0.32 * 10 = 3.20 in dividends, for a whopping 6.80 per share! Yes, that's right folks a -7.8% return in a year when the market basically went nowhere but up!