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⋅ There's a BOND between these two markets
Bank America (BAC) versus
20-Year US Treasury Bond (TLT)
Who saw the wide spread at the recent lows in TLT?
Who shorted the bank stocks and bought TLT as a pairs trade?
Who thinks you buy BAC here on this pullback and exit TLT after the rally?
Fertile grounds for trading opportunities here.
Tim 11:38PM EST 5/22/2014 BAC 14.71 last, TLT 112.10 last.