IvanLabrie

TLT: Immediate upside likely...

Long
IvanLabrie Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
$TLT (or futures) offer a good long entry here, with a relatively big risk/reward ratio if the trade pans out favorably. I'd say odds are 65% it does work, so definitely worth a try.
With stocks and gold down for the day I'm inclined to get some exposure here to hedge my portfolio.

Best of luck,

Ivan Labrie.
Trade closed manually:
I sold my position here last Friday.


Now turning down, interestingly, as gold and EURUSD rally.

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