Because after all, when you intend to sell something that is worthless to someone who is emotional and fearful, you should not wait around for the highest tick. The target is higher but I consider it a good trade to get a nice move off the 'W' bottom for a solid nominal gain (plus another dividend distro due shortly).I would thank Larry, but he actually had little to do with my treasury bond trade this time. It was really all the chart and the over confident tone of the inflationistas that got me in. Maybe I'll sit back and wait for Larry to pump the public up about treasuries when this gets up into the target cluster, and then buy TBT (ultra short the long bond). Anyway, I am going to go sell this thing now and book the profit.
Edit (1:45) There, done at a nice round number. 100 bucks a share.