Bond rally nearing an end?

Surdo · Mar 21, 2006

Something smells funky.
I am only long small.

steveosborne · Mar 21, 2006

It's either resistance and the end of a short rally, or a pause needed by markets to analyze Bernanke's speech while waiting for the others to make the first move.

gharghur2 · Mar 21, 2006

nice conversation

watching mostly

steveosborne · Mar 21, 2006

Quote from gharghur2:

nice conversation

Good think Surdo joined because this was starting to sound like a conversation with myself. :|

Surdo · Mar 21, 2006

Glad to see you have not lost your sense of humour buddy!
We were looking good @ 111 '15 for about 5 minutes.
I will add @ 110 '08 and be patient.

gharghur2 · Mar 21, 2006

LOL Steve,

there are always people reading these posts, even though they don't respond :eek:

spersky · Mar 21, 2006

I am short USM06 from 11115, added another at 11105 and 11109.

Sorry for the delay in posts of these trades. I expect that we will see at least retest recent lows if not suprpase them.

Regards
Steve

gharghur2 · Mar 21, 2006

Been looking for that too to put in a decent bottom

steveosborne · Mar 21, 2006

Quote from spersky:

I am short USM06 from 11115, added another at 11105 and 11109.

Sorry for the delay in posts of these trades. I expect that we will see at least retest recent lows if not suprpase them.

Regards
Steve

Congrats on the entry points but keeping a short position or betting on new lows sounds very risky -- with oil, gold and stocks down; the dollar up; and nothing in Bernanke's speech clearly indicating that markets have been wrong.

Surdo · Mar 21, 2006

111 '15 was certainly impressive!
Where did you cover, 110 '23?