hello
scyee, yes TLT has
a bottoming look to it and may have bottomed in mid Dec or have one
more new low but that would probably be it. Then I expect a
bounce in TLT and a pullback in 10, 20, 30 year rates. TBT
should pullback then as well.
TLT's RSI indicator is oversold as well. I think get out from
shorting TLT soon. Bonds up, SPX down or flat down, i
sent you an email today via thomas' email on
3month+10yr bond rising trend, lag 2years. the graph in my
email was wrong, i was in hurrry, anyway read Kevin's chart, i
gave url Link in email. Thanks,
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hello scyee, yes TLT has a
GDX 60 min comments
Posted by matt on 25th of Jan 2011 at 11:07 am
hello scyee, yes TLT has a bottoming look to it and may have bottomed in mid Dec or have one more new low but that would probably be it. Then I expect a bounce in TLT and a pullback in 10, 20, 30 year rates. TBT should pullback then as well.
TLT
Posted by scyee on 25th of Jan 2011 at 11:13 am
TLT's RSI indicator is oversold as well. I think get out from shorting TLT soon. Bonds up, SPX down or flat down, i sent you an email today via thomas' email on 3month+10yr bond rising trend, lag 2years. the graph in my email was wrong, i was in hurrry, anyway read Kevin's chart, i gave url Link in email. Thanks,