oncmed October 14th, 2011 at 11:03 am
Phil,
You had mentioned earlier that 114 is the level for TLT that currently reflects the stance of the Fed.
Does this mean that we are not expecting TLT to reverse down to the 90’s like it did after its peak in 2008, given that the Fed has promised to hold levels steady for the foreseeable future.
TIA
October 14th, 2011 at 11:03 am
Phil,
You had mentioned earlier that 114 is the level for TLT that currently reflects the stance of the Fed.
Does this mean that we are not expecting TLT to reverse down to the 90’s like it did after its peak in 2008, given that the Fed has promised to hold levels steady for the foreseeable future.
TIA