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Tomorrow is what dreams are made of. Will the Fed cut rates by a half or will they cut by a quarter? Truthfully, the pit traders I speak to want a half and most are anticipating a half. To them a half means no more rate cuts in the future and then we can begin to price in rate increases. If...

It is not a profit until you take it. I want to be long 11705-11616.

You are digging an even deeper hole for yourself. One thing I do like about your style and I mean this as a compliment. You cut your losses well. What do you trade?

Did you find the material? Do not fade me. I am on a roll.

the right shoulder should better be on low volume and a decline in open interest or you are wrong. As advised in my commentary, I would be a scaled down buyer from the 11705-11616 levels in the Sept bond

Sell strength and buy weakness for 3 months of correction/consolidation phases before the next leg up starting in the fall

Gap from 12010-12014 we are in a 3 month correction/consolidation phase buy weakness sell strength

Malcolm X happens to be a very good friend of mine and a very respected trader. He has a great mind, incredible feel and huge gonads. He knows what being on a roll is all about. I did not notice you in the pit on Friday afternoon. How was your round?

BONDS: All time low yields Page 3 05-14-03 07:44 PM BONDS FEEL LUCKY PUNK The Answer, My friend and colleague did a case study of the 1984 (this should be 1985 my mistake I was guessing) Bond trade that I speak of here. The formation that we have right now, is the same chart formation...

I have been all over this move, looking for 123-124 to take profits. 11705 is a good area to re-establish longs for a minor squeeze back up. We are range bound until Sept when we start our next leg up to 145-150. Read my material. I traded bonds live for 6 years and off the floor for 10. It...

I write a commentary. This is what I recommend every Friday. And what do we not do on Friday's? WE DO NOT LOSE OUR ASS Make your money and treat yourself to a shortened day. Better yet, get it in your head that Friday is your half-day. The layman works 5 days a week. You work 4 ½...

Timing is everything, but the dollar is in big trouble. Anyone notice the huge Head and Shoulders Bottom on the weekly and monthly Yen charts?

Why does Greenspan need to cut rates you may ask? The US economy appears to be showing signs of recovery. Wall Street has rallied smartly this year. Consumer confidence will surely return. Why, why, why? IT IS ALL ABOUT JOBS Did anyone look at Thursday's jobless claims? The data was...

I have always heard that you are only as good as your last trade. Brinker is damn good at the moment and getting better. Half-way back of the whole move in the S & P's is 1170.

Do not forget that tomorrow is counter-trend Tuesday. Look to sell rallies at Points.

I liked them up to this level, but am anticipating a summer to correct/consolidate possibly back to the old highs 116-117.

No one is getting the trade they are used to. You can cut the tension with a knife. It is only getting worse as the Eurodollar rallies.

You sound the way these locals look lately. PISSED OFF I bet you have never run from one side of the pit to the other to get a trade. Come on upstairs and have a look. It is getting desperate. No one is making the kind of money they used to. Who will pay those hefty mortgages they got...