Anybody else short US 30 Bond

YT-
since the Fed has said they are "data dependent" you as a trader must be as well.
The next four days
PPI
Durable Goods
New Home Sales
GDP
Chicago PMI
Michigan

watch and see how the mkt takes in all of this data they are all very important ECONOMIC numbers. Bumbling Ben has no interest in capping inflation since he has to clean up the mess created by the Glass-Steagall Act coming down during Bubba's presidency.
 
Quote from invertedCurve:

YT-
since the Fed has said they are "data dependent" you as a trader must be as well.
The next four days
PPI
Durable Goods
New Home Sales
GDP
Chicago PMI
Michigan

watch and see how the mkt takes in all of this data they are all very important ECONOMIC numbers. Bumbling Ben has no interest in capping inflation since he has to clean up the mess created by the Glass-Steagall Act coming down during Bubba's presidency.
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I agree with you 100%.

There is a lot of data out and one must keep a close eye on it. Although I have to say I would feel comfortable with a long here. I mean philly index was the worst in years right? Stocks are just rallying on something that will not make a bit of difference in the longer term picture imo.

What are your thoughts on the long end of the curve as of now?

Thanks
 
Quote from youngtrader:



In the 10yr options pits SSB sold 10,000 apr 112 puts. Somebody also sold 10,000 May 111 1/2 puts. Merrill bought 10,000 june 134 calls.

The last one is really something to take note of considering we are trading around 115 now in the 10yr.
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Are you getting these numbers from CBOT.com/CMEgroup.com or somewhere else?

TIA
 
Quote from youngtrader:


What are your thoughts on the long end of the curve as of now?

Thanks [/B]
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no problem with you getting long the June contract into March expiration I would be very careful getting long a ZB H8 or ZN H8 right now...the downward moves are very violent and when people who are big feel pain (longs) it drops like a rock! The mkt feels like they rally it to get more shorts on; we'll see what the data says and how the stocks respond if and when there is a bailout for Bond insurers.
 
Quote from Lucrum:

Are you getting these numbers from CBOT.com/CMEgroup.com or somewhere else?

TIA
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I get that info from a friend of mine at the cbot who has some contacts in the treasury options pits.

I don't know anybody personally in those pits.


InvertedCurve

I never took into account march expiration. So if I did anything it would for sure be in the june contract. I appreciate the heads up on the violent swings as we come closer to expiration.

A question: Do all the financials roll at the same time? For instance does the es and zb roll from march to june at the same time?

Thanks Guys
 
Quote from youngtrader:


A question: Do all the financials roll at the same time? For instance does the es and zb roll from march to june at the same time?

Thanks Guys
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May be wrong but I think ZB/ZN roll earlier than the equity indexes. I never can remember when exactly.
 
Quote from increasenow:

will you guys stop trading the 30 year TBond after it goes to the $15.625 tick this coming Sunday?...will you not trade it anymore?
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It sucks but what are ya gonna do? I personally don't day trade the ZB but I would be pissed if I did day trade it. This whole CME Group thing is really turning out bad with the 5 deep book, the tick reductions and the block trades. Talk about squeezing out the small guy. All the exchanges are the same (although I think this is more CME fault than it is the CBOT) they all have problems and if they want to truely keep the retail guy around (maybe they don't) they need to start leveling the playing field.
 
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