Hot Option Plays: Bonds Are Holding Up
By:
DailyMarkets.com
Posted on February 28, 2012 at 14:18 PM EST
Cusick’s Corner 02-28-2012 The ability of the bond prices to hold up is the real issue at this stage in the current trend. Oil has pulled back into the Midday, but the bonds, TLT/TYH12, continue to hold up in spite of the bullish action in the markets and the lack of any selling pressure. While [...]
Cusick’s Corner 02-28-2012
The ability of the bond prices to hold up is the real issue at this stage in the current trend. Oil has pulled back into the Midday, but the bonds, TLT/TYH12, continue to hold up in spite of the bullish action in the markets and the lack of any selling pressure. While this is an tough dynamic, I have not seen what would be considered “topping action”, but there appears to be a building over-extension of this upside move, and a break to the downside, 1360 on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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