Bought a little bit 141, a little more at 137 and am loading to max size in this position now. Everything in increments.
Reason is same as previously stated for this security and position. Inflation peaks and in Q2 we will have a continued slowdown in growth and inflation. CPI is peking.
Then there is the larger time frame chart pattern that we like.
I couldn't agree more. Every chart I'm looking at says TLT is very near its long-term bottom (129-130) and will begin to rise soon, and continue to rise for months. It's rare for every single chart to all confirm a buy signal on an asset like this. Actually multiple indicators and charts are showing that TLT is the most oversold it has ever been (looking back over 20 years of data to 2002).