That is kind of a vague principle. The Fed has been lowering rates for a year and the stock market has been falling for that entire time. So you should have never shorted equities because essentially you are fighting the fed? Also, maybe the Fed is just jawboning the rate lower.
that's not vague at all if you trade fixed income. it is a lesson number one. i was not talking about equities - the thread was supposed to be about the bond (i.e. 30y) it does not matter if it is jawboning or real - look at the price action in the past 1 month - up 25 handles and absolutely vicious price action for scalping.
why is it so hard to post a chart from stockcharts> what i see is a breakout from a triple top...which has advanced 200 percent....an oscillator which is less strong than the previous run up...possible formation of an island top...oversold for quite a while....about 5 days of buying...with each day less and less, and finally sellers coming in today. again, no guarantee, but, like the oil top, it will come....fly in the ointment seems to be that the market would likely need to go up and usd to come down for TLT to come down....but not sure, as I don;t usually trade bonds.