T Bond has gone parabolic
- Thread starter ralph00
- Start date
I'm not familiar with this term.
Is it some sort of complex Japanese candlestick formation?
TBonds are gonna go higher & then stay high for a while. THere probably will be a mild sell-off, for 5-15 handles from the peak but then it will find a bid.
Looks like it all depends on HOW LONG it shall take to run through this housing over-supply in the US. We can find stabiliation then.
Of course bernanke & co are hoping to inflate their way out of this.
If somebody told me we'd have a Volcker soon after the economy turns I don't know if I"d be relieved or scared.
I'm more into the ES, CL and SI, but bonds are unquestionably the "hot item" now in futures.
Eventually the downside shall likely be terrific.
If bernanke is 'successful' at igniting high inflation then 10% bond yields should corresponde to approx. 65 on the futures. Of course we're currently 139!
Be patient with this one. Bonds could surprise higher still.
Is 135-07 support now? 125 looks solid, medium term!
Thanks for listening to my rave on TBonds!
Happy trading to all. ANd to all a good night.
Looks like it all depends on HOW LONG it shall take to run through this housing over-supply in the US. We can find stabiliation then.
Of course bernanke & co are hoping to inflate their way out of this.
If somebody told me we'd have a Volcker soon after the economy turns I don't know if I"d be relieved or scared.
I'm more into the ES, CL and SI, but bonds are unquestionably the "hot item" now in futures.
Eventually the downside shall likely be terrific.
If bernanke is 'successful' at igniting high inflation then 10% bond yields should corresponde to approx. 65 on the futures. Of course we're currently 139!
Be patient with this one. Bonds could surprise higher still.
Is 135-07 support now? 125 looks solid, medium term!
Thanks for listening to my rave on TBonds!
Happy trading to all. ANd to all a good night.