We’ll keep this chart in mind to avoid getting spooked whenever the usual, benighted yeasayers gang up on Treasurys. I am not wavering on my still-bullish outlook for T-bonds and -notes, notwithstanding the fact that some notable bond bulls, including Gary Shilling, have publicly glimpsed the end of T-Bonds’ three-decade winning streak. A generational reversal is coming, for sure, but let’s not look the gift horse in the mouth while yields are continuing to fall. A rally to the 154.93 target shown in the chart would equate to a rate of about 1.65% on the long bond. _______ UPDATE (Oct 12): We’ve waited for a chance to get long, and this is the best opportunity that has surfaced in a while — at the midpoint Hidden Pivot support of a substantial corrective pattern. Tradestation is kaput at the moment, but I’ll update with a trade suggestion on Monday if the option screen revives. My plan is to calendar-spread a well-out-of-the-money strike. _______ UPDATE (Oct 16, 5:21 p.m.): TLT looks fatigued, so let’s allow it to fall before we attempt to get aboard. _______ UPDATE (Oct 21, 7:49 p.m.): We side-stepped TLT’s nasty sell-off by remaining on the sidelines, but the secondary support at 136.93 will be a good place to attempt bottom-fishing with a tight stop-loss. A 136.96 bid can be used, stop 136.79, on 400 shares. _______ UPDATE (Oct 22, 10:38 p.m.): A pop above 140.38 would generate an impulse leg on the hourly chart. We’ll consider buying on strength — something we rarely do — if and when the time comes. _______ UPDATE (Oct 23, 10:54 p.m.): The stock popped to 140.31 — close but no cigar! — before receding sharply.  Even so, the head-fake generated a bullish impulse leg on the hourly chart. Let’s see if buyers can make hay with this. ______ UPDATE (Oct 24, 6:45 p.m.): And down again we go. Even so, the bullish impulse leg is still viable and will remain so as long as TLT holds above the 138.64 low recorded earlier in the week. _______ UPDATE (Oct 28, 8:35 p.m.): We’ll treat this relentless selloff as (nearly) bottomless, placing bids only where we can do so with tight stops: 135.27; or if any lower, 133.90. Note that today’s low occurred at a ‘double p2’. This could be where the turn occurs, but you’ll need to be on your toes to catch it. Using rABC, place your point ‘A’ low at  138.23 (10/21 at 2:00 p.m.)  Here’s the chart. _______ UPDATE (Oct 30, 9:11 p.m.): TLT has in fact taken a big leap from within pennies of the double p2 Hidden Pivot noted above. If I hear from at least two subscribers who got aboard at the low, I’ll establish a tracking position.