Friday, August 30, 2013

Closing TLT Equity Long

I'm closing this because I think it will see some drawdown and it's opportunity cost with funds locked up in drawdown when they could be deployed elsewhere.

I'll be back to this one as I like it a LOT longer term, I just wish I could find a long term way to leverage this for a trend type trade, the leveraged ETFs have no volume.

 shorter term 5 min looks like it will see downside on a pullback.

The 10 min chart looks more serious, but...

Long term, the 60 min chart looks like TLT is a definite winner, it's just a matter of leveraging up the fairly low beta.

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