Thought I'd mention that TLT took out 3/8 support, that's a head fake move. I'm not ready to go long TLT and if I did it would have to be with major leverage, I did do a TBT Put, but that had very little volume.
I'll be watching the short term charts because the long term are very bullish, this could make for a nice longer term options/call play.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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