Anybody else short US 30 Bond

[DblArrow]

Quote from Surdo:

Redcuced tick size is gonna REALLY suck,

Now a guy's gonna have to do twice the size to maintain - sure gonna make volume look like it took a big jump. Maybe it will pick up some liquidity - I mostly gave it up after the 10yr took the lead. So I trade twice the volume anyway.

 

[Bernard111]

Quote from DblArrow:

Now a guy's gonna have to do twice the size to maintain - sure gonna make volume look like it took a big jump.
[...]

Big jump on volume and they will add pro-quota, you see, so the retail trader is going to been hit often at the end of the queue.

 

[Bernard111]

Quote from Surdo:

[...] that's all that matters is the GREEN, hope you were too Bernard!

good trading!

el surdo sambista

Yes, green for me, too!

 

[invertedCurve]

nice down up day today watch out for tomorrow anything could happen, 25, 50 or no cut and language is key then NFP friday should be fun!

 

[jasonjm]

well i dumped most of my shorts at 118 today

right after i saw the market starting to sell off despite big rally and fed cuts

the stock market is pricing in a recession no matter what uncle ben does....

back up to 123 on 30 yr?

 

[invertedCurve]

the mkts go as Ambac and MBIA go. the fundamental cause of the Great Depression was mortgage defaults so keep your ears and eyes open that is the most important mkt mover. hard to have a bias just trade what it gives you. Bought 119.10 covered 119.13 before number sold 119.28 covered 119.24 you gotta stick and move any news that is bad or good causes major movement!
P.S. props to the boys who are talking about and keeping this alive (mandelbrotset, Jasonjm, Bernard and my boys Surdo and YT)

 

[realstockaddict]

if inflation goes up battle by raising rates. if this happens , 20+ year bonds will drop. so how to take advantage, any equity funds poeple suggest? possible good short for the next 2 years? also long term bonds are based on the libor or is it the fed rate? sorry for the noobie questions.

 

[Surdo]

Quote from invertedCurve:

P.S. props to the boys who are talking about and keeping this alive (mandelbrotset, Jasonjm, Bernard and my boys Surdo and YT)

Most of the ET Trolls do not visit here.......even our founder Richard is on vacation until Bonds get back to 113 '26!

Nice sell off today from the highs, gotta love the volatility.

 

[realstockaddict]

so wut is it ? based on LIBOR or is it FED rates?

 

[scriabinop23]

Quote from realstockaddict:

if inflation goes up battle by raising rates. if this happens , 20+ year bonds will drop. so how to take advantage, any equity funds poeple suggest? possible good short for the next 2 years? also long term bonds are based on the libor or is it the fed rate? sorry for the noobie questions.

many ways to do this. Amongst them:

-Short the ZB
-Short TLT (20+ yr maturity Lehman ETF)
- Buy TLT puts or ZB future option puts.
- Buy TYX (30 year yield CBOE option contract) calls or spreads, although the bid/ask spreads on this are attrocious.
- Inversely, sell TYX puts, sell TLT and ZB calls.
- Buy that Rydex short long bond fund 1.2x with the ridiculous mgmt fees.