ES Journal Archive (2009 - 2010)

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Quote from [Proximo]:

:]

Wowza.
Yeah, it hit resistance and dropped like a rock!

The Bulls must be feeling like they just got sucker punched right about now, pretty much how Ken More must feel after stepping in and makiing a total fool of himself. :eek:
 
Quote from Lawrence Chan:

What happened?

5-year Note Auction Results: High Yield 2.689% (2.635% expected); Bid/Cover 1.92x (2009 Avg 2.22x); Indirect Bidders 36.7% (2009 Avg 41.9%)

Previous offering saw $37B, 2.7% yield, with a bid-to-cover of 2.58x and an indirect bidder participation rate of 62.8%.
 
Quote from riskymove:

5-year Note Auction Results: High Yield 2.689% (2.635% expected); Bid/Cover 1.92x (2009 Avg 2.22x); Indirect Bidders 36.7% (2009 Avg 41.9%)

Previous offering saw $37B, 2.7% yield, with a bid-to-cover of 2.58x and an indirect bidder participation rate of 62.8%.

Thanks.
 
I gotta give it to the bulls, they're holding their own.
Un-bleeping-believable!!

Dollar just made new highs
Crappy Auction
Overbought conditions

...and they refuse to cash in and go home.
 
Quote from Eko_Trader:

I gotta give it to the bulls, they're holding their own.
Un-bleeping-believable!!

Dollar just made new highs
Crappy Auction
Overbought conditions

...and they refuse to cash in and go home.

Most of them are at work. CNBC will report later what happened. Tomorrow will be fun.
 
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