One of my favorite Fib tricks gives a possible TLT target of 147.93, and that's just using recent information. The same technique accurately would have accurately gotten you in the ballkpark (price actually exceeded that target by 3 bucks) in 2009.
133 is a real probability.
If I start from the January 2011 low and do the same thing, you don't event want to know. Frankly I don't think anyone would pay those prices for Treasuries, but who knows.
TLT Price Projection
Started by
sluzbenik1
, Jun 03 2012 02:25 PM
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