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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Post by mikikison Jan 22, 2009 10:36am
294 Views
Post# 15720897

My 2 cents

My 2 centsFirst off, we have been going down in SP on very low volume, this tells me that I shouldn't put too much focus on the SP right now.  The same would be true on a low volume rise.  Silver and gold will eventually break one way or another and I am thinking that they will have an explosive move upwards in the very near future, propelling silver up near and possible beyond the $13 level and gold well above $900.

SST has been lagging, just like most other PM stocks due to overall stock market weakness, nothing more IMHO.  We either see a key divergence between PM stocks and the overall market soon, or we wait patiently for the overall markets to have their feel-good Obama rally which should last at least a month or two once he decides to spend lots of money that they don't have. 


Good luck.
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