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If the ole investment idea of “Buy Low & Sell high” still works, this asset might get some attention!
Is a 25% decline and momentum reaching the most oversold levels create any interest? It sure gets my attention for sure!
TLT has had a rough go since mid 2012.
Joe Friday…The decline has momentum very oversold to the deepest levels since 2006, TLT may have created a “Weekly Double Bottom” and a bullish wick this week!