Bought TLT this am
Posted 11 May 2022 - 10:49 AM
Posted 11 May 2022 - 12:21 PM
BTW you made a fantastic call on that wave 2 mega-bounce. when you post, I listen !
Posted 11 May 2022 - 02:15 PM
Good for you... I've been eyeballing it for awhile..... Seems like a good time to buy.
Posted 11 May 2022 - 02:53 PM
I only use the Chapman Wave on weekly charts, daily Chapman charting is a trip into the weeks IMO
Edited by Chilidawgz, 11 May 2022 - 02:56 PM.
Posted 11 May 2022 - 03:37 PM
lol, that should have said weeds not weeks
Posted 11 May 2022 - 04:58 PM
TLT has long way to go DOWN! It is yielding 2.62% taxable.
While inflation is going to stay between 7-9% during remaining Biden term.
It does not compute.
From my 60 years in stock market, I have seen it again and again.
Bear market rallies are the most potent, rip roaring-face ripping types.
So great for nimble day traders. Not so good for fat and happy people like me who only want long term gains to keep capital gains income tax rates lower.
Edited by pdx5, 11 May 2022 - 05:01 PM.
Posted 11 May 2022 - 05:14 PM
If the market crashes, this will fly.
It hasn't so far...and the amount of money moving out of the debt asset class is historic.
I would just be very careful here given the current extraordinary circumstances we have to work with on so many levels.
Better to ignore me than abhor me.
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Posted 11 May 2022 - 05:39 PM
It's a trade guys. Not an investment.