Bond Trader 2007

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0804 CST If no action above 111 14 soon, then I'll exit and wait until 0900 CST report which will probably be more of the same, i.e. no follow through, range bound.
 
0815 CST If you look back through this month, or any month for that matter, you'll see days sprinkled throughout the month where we would have a very small 5 - 6 tick morning move followed by the remainder of the day staying in a very narrow few tick range. Today might be one of those days. It might be best to take what you can get today, call it a day and wait until tomorrow for the bonds. I may look at the Dow today.
 
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