Anybody else short US 30 Bond

Well today marked the end of my short the bond experiment. It blew me out for 17k.....

Don't try to fight the goverment is the moral of the story I guess......although I am not quite sure how they plan to have stocks go up while at the same time keeping bond yields down.....

good luck to anyone still holdting short, I hope you get a chance to hold it until it reverses!
 
I was trying paste from my CQG but for some reason ET won't work so here is a link to the chart I was talking about.
http://cmegroup.com/popup/mdq2.html?code=ZBH9&title=March_2009_30_Year_U.S._Treasury_Bond&type=p

note the upper consolidation between 140 and 142 before the mini crash where it goes from here who knows I am out at the end of the day and trade what I see most people who tend to have opinions get blown out...especially the last two months one of my friends who made $ selling calls all year was smart to stay out of this last run up.
 
Quote from invertedCurve:

I was trying paste from my CQG but for some reason ET won't work so here is a link to the chart I was talking about.
http://cmegroup.com/popup/mdq2.html?code=ZBH9&title=March_2009_30_Year_U.S._Treasury_Bond&type=p

note the upper consolidation between 140 and 142 before the mini crash where it goes from here who knows I am out at the end of the day and trade what I see most people who tend to have opinions get blown out...especially the last two months one of my friends who made $ selling calls all year was smart to stay out of this last run up.
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If it goes to 150 then it might be worth doing some well timed selling at that level with a stop loss right above a near term daily high bar. I would imagine the a good target would be the 133' area or maybe the 135' area for some profit taking on the trade.

Although after thinking about it some... the tricky part is going to be the timing of the sell entry. And then of course a chance the stops could get run over. But at 150' geez , the yield will be around 2.something%... it's got to be close to the top of this bull move!
 
GOOD LUCK picking the top on this one!
ZB is a one way monster, and will bankrupt even the most experienced traders. Jump on the train while its moving.

I think I will convert a few of the Greenbacks I made today to Reais to spend on some Bunda in a few weeks.

Anybody up for a few sKol in posto 9?
 
What I find interesting is that the govt wants the stock market to go UP and also the long term treasuries to stay up in order to reduce interest rates for borrowers.

However, isn't this impossible b/c stocks and bonds almost always move inversely?
 
Quote from Surdo:

Anybody up for a few sKol in posto 9?
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you always succeed in "pissing me off" :D
it is below zero where i am.
have one capirinha (at least) to northerners.
 
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