Setting my stop for TBT at 48. PM we are indicated somewhere around 48.30, which would be a break to the upside in this pennant formation. As it was, it was getting quite compressed. I'll happily stay long, and I will buy it again at 46 or above 50.
10yr @ 2.98%, 30yr @ 3.82% as of 9AM. Strong resistance at 3% on the 10yr, but we've hit it many times, perhaps this time is the real deal?
ReplyDeleteStop over trading.... Yes it will be $48 today, but we both know it is headed to the 50's and probably even $60. Do you want to sell and not be on board when it gets there?
ReplyDeleteLong and strong from $39.
Closed out at 48 even for a 4% gain in 48 hours.
ReplyDelete