Buying TLT now at $86 makes a lot more sense than buying it in October at $96... now 17% shorted even though 20 yr yields are at 5.0%. The TLT 15 day mfi is at 32 and is way oversold and time to turn...
Okay, Dave, the market has topped more than 15 trading days ago. Now you need to predict the bottom and the end of your magic Hindenburg omen. We go back into the market after it bottoms since the tops are in the rear-view mirror now...
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Great show as always. Very educational as always. Thanks Dave! Great to have you back.
Appreciate that! Great to be back D
Would you mind publishing your Bull Market Top checklist?
This is the kind of thing my Market Misbehavior premium members can access any time they want! :) marketmisbehavior.com/premium D
Am I the only idiot buying TLT??
yes
@@birsha3986 Hahaha...
It’s good entry to larger positions if you are thinking longer term
Nope covered call buyer as well unfortunately
Buying TLT now at $86 makes a lot more sense than buying it in October at $96... now 17% shorted even though 20 yr yields are at 5.0%. The TLT 15 day mfi is at 32 and is way oversold and time to turn...
Okay, Dave, the market has topped more than 15 trading days ago. Now you need to predict the bottom and the end of your magic Hindenburg omen. We go back into the market after it bottoms since the tops are in the rear-view mirror now...
Many stocks are still at or near all-time highs, so I would say a bit premature to be calling a bottom! D