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The Resourceful Bear Blog

Profit From Selling These Closed End Municipal Bond Funds

Fellow Bears,

Do you find it difficult making profits short selling stocks?

I suggest short selling closed end municipal bond funds such as VGM, EIM, BKK, CXE and PZC; and their comparative performance is found by clicking here.

Here are the individual charts
VGM Bearish Harami

EIM Lollipop Hanging Man Candlestick and Bearish Harami

BKK Bearish Hammer

CXE Bearish Hammer

PZC Dark Cloud Cover


All of the above have "gone off dividend" for example VGM paid its dividend January 11, 2008. All of these "dogs", and that is what they are; kept rising because the US Government Treasury Bonds kept rising; but look 'the government debt bubble' has burst, as can be seen in the charts of SHY, IEF, and TLT below; so I recommend that one lock and load with shorts -- puts on all the above.

Charts Show the Government Debt Bubble Has Burst





The Bond Market Place Independent Of Federal Reserve Action Has Declared An Interest Rate HikeToday The S&P Ended Bearish Engulfing