Re: Gold & TIPs
"Returning to earlier levels is a harbinger of nothing more than a change in sentiment regarding what to expect in jackson Hole."
I'm happy to see that you agree with me again. That is exactly what I thought I said.
"knee jerks that have allowed me to trade these fixed income markets quickly and profiably."
Then I assume that you are short them now since the rollover I mentioned has accelerated.
"I'm actually surprised that with your experience and market participation you are being influenced by their inane reactions."
Its fun and useful to think ahead, despite the fact that I have already positioned myself for the events that are unfolding as we beat on each other.
"Simply put, the markets all went up on QE3 expectations and are now retracing, as those expectations wane."
I posted that days ago with warning about disappointment to come from Jackson's hole.