Bonds readying to advance?

[gharghur2]

Quote from Surdo:

I sold some of my 30 Year Long out, not much of a spike.
'Still have some ammo left for tommorow.

Yes, the spike only took it to the highs of the day.
Curious reaction...

 

[gharghur2]

Good follow thru overnight and today

The channel is unfolding nicely: looks like wave 3 is underway.

Next resistance 113 1/2?

 

[landboy]

Quote from gharghur2:

Good follow thru overnight and today

The channel is unfolding nicely: looks like wave 3 is underway.

Next resistance 113 1/2?

It'd be hard pressed to push to that level, since the curve would most likely go inverted. HOwever, i'd be curious to see how it would react if such a scenario took place, whether we go more inverted very quickly, or bounce off it... Me says the former

 

[Surdo]

It looks like it will run into resistance @ 113 '12 - 113 '20.
My daily YIELD shows support @ 4.60 which corresponds.

 

[EqtTrdr]

higher rates??..

let's buy bonds!!



wtf?

 

[Surdo]

I guess you have not looked at a chart this week EQT!
Wanna help me sort the Benjamins in the same direction?
I like them all facing me!

 

[gharghur2]

Quote from landboy:

It'd be hard pressed to push to that level, since the curve would most likely go inverted. HOwever, i'd be curious to see how it would react if such a scenario took place, whether we go more inverted very quickly, or bounce off it... Me says the former

Well my buddy always tells me.
It's not interest rates that drive the economy,
but available credit.
I say we invert, and see what happens

 

[gharghur2]

Quote from EqtTrdr:

higher rates??..

let's buy bonds!!



wtf?

of course, didn't you know?

guess wtf means: Way To go Fed lol

 

[gharghur2]

Quote from Surdo:

I guess you have not looked at a chart this week EQT!
Wanna help me sort the Benjamins in the same direction?
I like them all facing me!

Heck they discontinued the ones I liked

 

[Surdo]

I love the new colored ones.