Daniel.B
Long

Out of neutral spread, looking for directional again.

AMEX:IEF   Ishares 7-10 Year Treasury BondETF
Hello Traders,

I've exited my neutral options spread on $TLT today for decent gains as price retreated back to the center of it.

I am now looking for the potential to add back into a directional position on $IEF (better cost basis then $TLH or $TLT) through common shares if we get a bounce at the 23.6% fibonacci level. Stop will be announced in the updates section if I decide to add back into a bullish position.

Anyhow, good luck to any in bond positions.

Trade smart, and with a plan. Cheers.

=)
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