The One Year Total Bond Market ETF Lead Indicator is Bearish (re TLT Long T Bond ETF), see http://finance.yahoo.com/q/ta?s=TLT&t=1y&l=off&z=l&q=c&p=v&a=fs&c=bnd.
Though TLT/Long T Bond ETF appears to have completed an inverse Elliott Wave down up down up down pattern/bottomed (appears to be just Wave A Down of the correction, instead of the entire correction), see http://stockcharts.com/charts/gallery.html?s=tlt, it didn't have a convincing/confirming volume spike yesterday 9-13-10, and, 9-13's candle would be atypical for an important cycle low, plus, my gut tells me that it probably didn't bottom yet, and, with a bearish one year Total Bond Market ETF Lead Indicator, there isn't a need for urgency (shouldn't rush into trades anyway).
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