Suggested to score on defense, by selling TLT and buying TBF at (1). (see post here) TBF rallied (since the time of suggested pruchase) almost as much as the 500 index did on the week, reflecting that opportunities present themselves in many different areas!
CLICK ON CHART TO ENLARGE
Game plan on TBF… Bring stop down to 2%. (watch for a post on TBF, might just harvest gains) If fibonacci resistance happens to hold on the 500 index, bonds could reverse themselves after a big week down in prices.
cK,
Have been on a working vaction….catching up on comments. I suspect you might see an answer to this question, per the gold and oil charts of today.
Tom…. you did well! I have always like the phrase “you can’t go broke taking a profit!” I will not judge what you or anyone does Tom. Second guessing, investing by hindsight or judging is very easy to do, I attempt to not do that.
As you have seen Tom, we hit enough singles, it all adds up to become real money.
Chis, I sold my position today. Hope wasn’t too early. Thanks for the 5% pocket change.
Tom