claydoctor
Long

TLT needs to touch top trend before reversing

NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Stocks are inverse to bonds. Take the measily little rate your being offered for safety? TLT needs to touch the top trend line once again before reversing. Worst scenario, it breaks through the top trend line , and we have a market crash with a sound you can hear on Mars. That actually could happen because we are in currency fantasy land. Paying someone to hold my money, store it? Crazy, stupid, makes no sense. I should go to cash, oh wait, go to dollars to be more specific. And when that happens, TLT goes through the top trend line , and panic stock sell happens. Just take a step back and have a long hard look at this big picture.

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