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Others to Watch: Sells TLT

 
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PostPosted: Sun Sep 03, 2006 4:38 pm    Post subject: Others to Watch: Sells TLT Reply with quote

TLT rose from 82 1/2 to 87 3/4 over the past two months, and may be near a short-term top (the 30-year bond yield fell from 5.29% to 4.87% over that period). TLT Sep 89 puts are about 100% intrinsic value and may be a buy.
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