I covered TBT in depth for you guys. I said that it may
have put in a long term bottom and can probably be held through a
pullback. Or which is what I did, you could have taken
profits yesterday or this week as objective price targets have been
met and look to buy it on a pullback such as to a major fib support
zone or MA like the 50 MA etc. I will of course be keeping an
eye on it.
Ahem. Not so far.....saved two
Exiting TBT too soon may be the larger mistake..
Posted by PA on 17th of Dec 2010 at 05:11 pm
Ahem. Not so far.....saved two bucks
I covered TBT in depth
Posted by matt on 17th of Dec 2010 at 05:19 pm
I covered TBT in depth for you guys. I said that it may have put in a long term bottom and can probably be held through a pullback. Or which is what I did, you could have taken profits yesterday or this week as objective price targets have been met and look to buy it on a pullback such as to a major fib support zone or MA like the 50 MA etc. I will of course be keeping an eye on it.
It really depends on how you want to play it
Definitely stick an alarm on
Posted by PA on 17th of Dec 2010 at 05:21 pm
Definitely stick an alarm on it when you see the next buy point. There's still a good chance for a muni-meltdown in 2011. Have a good weekend
tbt
Posted by vaellen on 17th of Dec 2010 at 05:15 pm
word has it the bernank stepped in to buy 30 year notes, he might be able to hold rates a while??