The Face of Things to Come

[frank grimes]

DDM closed around 94. My average is around 94.55ish. I am short. How am I losing? You are unbelievable dude.

 

[frank grimes]

I think he doesn't respond, because I am asking serious questions he has no idea how to answer. Thanks for putting you're .02 in mak. I guess you're his mentor?

 

[michaelscott]

I think you will be safe in the DDM until it reaches the lip of the cup. However, I think there are better ultrashort plays out there. I had highlighted the ultrashort utilities index as one. That has bled out a little bit, but still may have additional opportunity as the interest rates rise further.

 

[marketsurfer]

Quote from michaelscott:

I flew in 2 jets, each time for a half hour. The Bombardier Challenger was one and another one was an Embraier.

very cool. see you at the next one.

surf

 

[michaelscott]

You have to go out and meet people. Go online to these trader publications and finance magazines and sign up on their mailing list. www.meetup.com Be creative.

Quote from javs5150:

How do I get an invite?

 

[stock_trad3r]

Quote from frank grimes:

DDM closed around 94. My average is around 94.55ish. I am short. How am I losing? You are unbelievable dude.

Um..you said you shorted on friday and the highest it traded was 94.2

 

[stock_trad3r]

Quote from michaelscott:

I think you will be safe in the DDM until it reaches the lip of the cup.

Um..no

 

[pumpanddumper]

Quote from michaelscott:

I think you will be safe in the DDM until it reaches the lip of the cup. However, I think there are better ultrashort plays out there. I had highlighted the ultrashort utilities index as one. That has bled out a little bit, but still may have additional opportunity as the interest rates rise further.

DXD's is my baby and a bargain at 50-51.

 

[makloda]

Quote from michaelscott:
The highest tnx yield of 2000 was 6.8. I dont see a price of 6.8 just yet as possible, but I do see a move to 6.0 as more then 50% likely.

That would mean you anticipate rate hikes in the mid-term. Rate hike odds implied in FF futures are currently running at 0% for this year. Also rate cut odds for this year dropped to 0% after Bernankes statements (hence the move in the bond markets). The markets currently "think" rates will be flat for the year. You better have a strong stomach and a lot of spare capital to gamble against them.

 

[SiSePuede!]

Quote from makloda:

That would mean you anticipate rate hikes in the mid-term. Rate hike odds implied in FF futures are currently running at 0% for this year. Also rate cut odds for this year dropped to 0% after Bernankes statements (hence the move in the bond markets). The markets currently "think" rates will be flat for the year. You better have a strong stomach and a lot of spare capital to gamble against them.

Why? Gamblers against rate cuts earlier this year would have made a fortune. (Sorry, couldn't help but mock you because you're such a baby about this stuff.)