Thursday, July 01, 2010

Bond Market - Update


The bonds (TLT) put in a similar candlestick formation as the S&P's but in the opposite direction. We have doji with good volume after an extended move up. As you know I bought the breakout in the bonds looking for higher prices but after seeing today's doji, I decided to take half my position off and trail my stop for the balance.

Posted by Kevin

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