The title says it all: as a chartist, I must stand up and salute TLT, as it is behaving absolutely As God Intended ™.
The ultra-short on bonds, shown below, is doing great. Simply stated, the notion that interest rates are going to do nothing but fall from here is utterly empty-headed, and foolish.
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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