erryl: When I look at the chart HERE , I kind of want to cry. Look at the short term trend at the top of the page... it shows it best. You see a long trend of oscillation where the highs are getting lower and the lows are getting lower. That's called a bear... if you buy it now at the top of its trading band, the outcome is not likely to be good. Then
Hi Erryl
TIPs have been closely correlated to Long term treasuries, look at the charts below:
http://finance.yahoo.com/echarts?s=TLT#chart4:symbol=tlt;range=my;compare=vipsx+vbmfx;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
But past 5 years or so, inflation was not a problem. So TLT tracked well with TIPs. Looking into future, if inflation soars, TIPs might be better bet. If not, TIPs must be over priced at the moment (with all the news out there about inflation).
erryl:that people were the most frightened then)... now, you see TIPs in a classic downtrend... to where? my guess is a 100.