I hope anyone made some $ cause I got F%%%ed in the a$$! I guess the answer is make some $ then stop cause this is the stupidest $hit I have ever seen! Thank you Hank Paulson for letting Bear, Lehman and Merrill blow out cause it is so much fun to trade treasuries futures where a 400 lot can put you on tilt! Sorry just got really chopped out recently! no reason a 400 lot should move the fucking 30 yr bond future 10 ticks!!!!!!!!!!!!!!!!!!!!!!!! I wish I was Goldman and had Paulson Protection!
Anybody else short US 30 Bond
- Thread starter richard_m
- Start date
its brutal and depresing, I miss the banks too,
size down its the only option until size/liquidity comes back to these markets
today much better stayed out of the chop waited for my levels and took it down, all it takes is to be on the right side of one of rips whether that be up or down and you are good for the day! Or if you shorted spooz at the open and sat in them all day. damn I am going home up money if I stay I will give it back in the 2:30-3pm spooz crackhead trade have a good trading day folks.
That was a good call, too!...
i do not understand this market at all. everybody calls today's 3yr auction as being a success - bid2cover was 3+.
what the hell - the yield paid was 20bps above the on-the-runs. is this called a good auction nowadays? maybe simply the fact that all 25b was sold counts as a success now.
if somebody can enlighten me that would be great.
what the hell - the yield paid was 20bps above the on-the-runs. is this called a good auction nowadays? maybe simply the fact that all 25b was sold counts as a success now.
if somebody can enlighten me that would be great.
IMO good short here in the dec bond futures at 117 - 20.
we're coming up to friday's spike high on negligible volume, equities MAY be stopping their drop for the day, GS MAY be stopping its decent around 69 or 70; commodities rebounding. So, those are all negative factors for treasuries, of course lately, tbonds seem to do whatever they want regardless. i'm usually wrong on my bond trades anyway, but i'll give this one a try. I'm short a few at 117 - 20. at least i have a good idea of where i'll be proven wrong. my stop is 117 - 31. wish me luck!
we're coming up to friday's spike high on negligible volume, equities MAY be stopping their drop for the day, GS MAY be stopping its decent around 69 or 70; commodities rebounding. So, those are all negative factors for treasuries, of course lately, tbonds seem to do whatever they want regardless. i'm usually wrong on my bond trades anyway, but i'll give this one a try. I'm short a few at 117 - 20. at least i have a good idea of where i'll be proven wrong. my stop is 117 - 31. wish me luck!
got out overnight at 118 -01
The only thing I can contemplate is that the 10-30 year part of the curve are a prime destination for bailout money.