to also trade treasuries correctly you have to be able to look at Cantor or Brokertech Cash to see what spreaders are doing and/or see where the Cash is leading the Futures or vice versa.
unless you are in the pit it is very difficult to trade beans it is still an order flow market in the pit, but that will change as more and more people come onto the ecbot platform like what happened to the SPU's and fixed Income.
we can't see vol like we used too so why does it matter? No counter party why so have an opinion and take a stand. Gelber and Jump are not an issue with Kingstree not there anymore who cares?
the reason why treasuries are so great to trade is that most of them are spread against other products so when they move it really means something. I traded the Nasty and the spooz futures for three years but now trade treasuries because they tend to have less irrational exuberance in their...
this is what is said a couple of weeks ago that god the automated Quants are taking in on the chin and the vol is back Goldman got screwed, when there is a lot of volatility the models can not determine what is value and what is not so the markets get real exaggerated moves
08-01-07 07:58...
the CBOT has a volume breakdown not like the CME in the old days where you could see your counter party but very helpful
http://www.cbot.com/cbot/pub/cont_detail/0,3206,1758+33843,00.html
It's all about knowing where the paper is going maybe caus i remember how corrupt the pit I know what is up sell any rally locals got fucked on the way up and now they will get fucked on the way down!