BUY 5% Long Position TLT at the market!
We’re trading just a shade over 129.00.
30 yr. Treasuries have come a long way. We’re very close to my initial downside targets put out Friday.
I’m doing this solely as a hedge against my Long portfolio since I’m doubtful i get my price in the VIX (at least for now).
Technically TLT holds right in here or breaks to weekly support around 126.00.
I won’t be hanging around that long.
