Monday, June 11, 2012

Chartology: iShares Lehman 20 Year Treas Bond ETF (TLT)

During the '87 crash I remember a young NYSE floor trader saying "I've never seen anything like it".
The fact is, no one had seen anything like it since maybe the FX guys trading the Denarius/Shekel pair in 70 A.D.

Same thing with this chart, I've never seen anything like it:

Chart and commentary at Alpha Global Investors. (click through to enlarge)