Bonds: All Time Low Yields!

Quote from Point Man:



Nitro,

If you are looking for good action in the securities markets with good liquidity, the T-bond and the 10 YR Note is it. And they are traded electronically. Computer dominated almost 4 to 1 computer to pit. There is no need to trade the mini bond or note. The big ones are only $31.25 a tick. Notes on avg will have a 16-20 tick range and bonds 25-30. Stay away from the Eurodollars. It is like watching paint dry. The commissions will kill you.
Thanks for the info!

I am reading "The treasury bond basis" and I am also learning about the NOB spread...

nitro :cool:
 
Quote from DblArrow:



OK, understand.

Very nice trade, by the way!!

Make 'em pretty, Chris

Oh my GOSH!! ZB is at 120-26!! Go Baby! Go Baby! You can do it!!

So, glad I held on!! It was one wild ride up... Hmm.. When will this stop? You can't get out at the top cuz you don't know where it is. And if you wait for a correction you might not be able to get out since everyone will be running for the exit at the extreme.

*hmm*...
 
Quote from Walther:




And nobody believed me !
Walter


Good call Walter. But honestly, when you called it was like 117-118. So, 120 was a chipshot. If you had called 120 back at 98 then you would have been God! hehe. Or wildly praised. hehe

But good call dude.
 
Quote from DblArrow:



Inside day today - I would tighten stops.

Make 'em pretty, Chris

Damn it! It's down to 117-13 for the Sept . The Jun is 118-23 now. This is the last bit of it though. Got out most of it around 121+.

Get out or stay in guys?
 
I'd hang in another couple days unless mkt. sells off hard. Tomorrow should be up by the end of the day.

Friday & Monday could be interesting...
 
Quote from dotslashfuture:

stocks going up
bonds going up
gold going up

all at the same time.

this only means one thing to me, and that is big money is being pumped into the financial system by the fed.

So what?
 
Quote from The Answer:



05-14-03 08:57 PM
Re: BONDS FEEL LUCKY PUNK


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Quote from Point Man:

The Answer,

My friend and colleague did a case study of the 1984 Bond trade that I speak of here. The formation that we have right now, is the same chart formation we had 19 years ago in the Bond Market. In 1984, we first had a false breakout to the upside followed by a 6 point dump. In February/March 2003, the high of the breakout from a symmetrical triangle was 11526. On April 7, 2003 the low of the break in the June Bond was 109.25 (6 points). Everyone and their brother was bearish. Reviewing the case study of 1984 and being bullish was a beautiful thing. Myself and my mate were in our own camp. The objective for this move is a 135-136 handle. The last 7-10 points will come fast and hard. I would look to take profits at the 123-124 level. Look to buy back with both hands a 38.2%-50% correction from the 10925 lows to the high of this move, hopefully 12320. They laughed at me 19 years ago. Now the players listen to a 47 year old man. The T-Bond is a great trade dominated by the computer about 4 to 1 computer to pit. You can actually buy the lows or sell the highs of moves on the computer and not have to give up a tick to get in and a tick to get out to the bloody locals. Good luck. Keep the faith. IF YOU ARE NOT LONG YOU ARE WRONG.
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Thank you for the missive and Great Call!

The June T-Bond traded 12314 today June 11, 2003. Look for 145-150 by the Spring of 2004. You heard it here first.
 
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