Anybody else short US 30 Bond

Quote from increasenow:

what in the world caused the tank downward for the 30yr and 10yr at 1:00pm EST today?..the shorts are happy :) ...eqities are not that strong today :confused:
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http://finance.yahoo.com/marketupdate/overview?u

1:30 pm : Treasuries have sold off in the wake of a disappointing auction of 3-year Notes. That has their yields at session highs.

According to results, the latest 3-year Note auction produced a bid-to-cover of 3.01 and dollar demand of $96.3 billion. The indirect bidder participation rate came in at 27.6%. For comparison, the prior auction had a bid-to-cover ratio of 3.06, dollar demand of $97.9 billion, and an indirect bidder participation rate of 39.4%. An average of the four past auctions results in a bid-to-cover of 3.05, dollar demand of $97.4 billion, and indirect bidder participation of 35.0%.DJ30 +36.40 NASDAQ +2.23 SP500 +1.71 NASDAQ Adv/Vol/Dec 1083/1.02 bln/1463 NYSE Adv/Vol/Dec 1481/450 mln/1425

1:00 pm : Action has been choppy all session, but stocks have still managed to muster modest gains.
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Quote from Il Principe:

Wow, a rally. Imagine that.
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Imagine the bull party foolishness - reckon its foreign governments building up US debt for whatever reason.
 
Quote from Shagi:

Imagine the bull party foolishness - reckon its foreign governments building up US debt for whatever reason.
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They got a little tipsy at the 10/30 auction parties...lampshaders.

Thought we'd see a bit more of a crack in the ZN, but I guess 5 handles in 9 days was enough.
 
I have gotten good reviews for my newsletter and am calling highs, lows and pivots daily on a consistent basis... but anyways

ROLL INTO JUNE contracts today people, June is "topstep."

M1
 
You can never read or subscribe to enough newsletters with 'levels' on them. That way your assured I having all the bases covered.

:D

'even a broken clock is right twice a day'
 
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