Good chance you are right, the TLT and
TBThave been staying inside Channels since Sept. but today both
broke out and then pulled back by the close, closing at or very
near those bounderies, I'd say agressive traders could place bets
on that Monday morning. Also, I see a
bullish wishboneon the SPX futures on the 5 minute time frame
that should produce a pop at the open Monday for the broad
market.
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TBT...blow off bottom today?
Posted by onechosen1 on 26th of Feb 2010 at 06:12 pm
Any thoughts? This is ceratinly many trader's LONG TERM "trade of the decade".
Good chance you are right,
Posted by ditch on 27th of Feb 2010 at 11:30 am
Good chance you are right, the TLT and TBThave been staying inside Channels since Sept. but today both broke out and then pulled back by the close, closing at or very near those bounderies, I'd say agressive traders could place bets on that Monday morning. Also, I see a bullish wishboneon the SPX futures on the 5 minute time frame that should produce a pop at the open Monday for the broad market.