Time to go long the Bund?

dealer · May 31, 2007

Beginning to nibble on some Sep bund longs here 112.07.

That high volume spike low earlier today must have flushed out a bunch of guys. Sentiment is way too bearish.

THE-BEAKER · Jun 1, 2007

Quote from dealer:

Beginning to nibble on some Sep bund longs here 112.07.

That high volume spike low earlier today must have flushed out a bunch of guys. Sentiment is way too bearish. [/QUOTE

the jp morgan client survey on treasuries revealed that long positions are the highest since may 03.

the bond markets are not short. they are long.hence why we are coming off.

they wont wake up to the fact that interest rates are going up.

when they do then you will see the real selling.

KS96 · Jun 1, 2007

A volume spike is a volume spike.
I say long, for a 6-7 days correction.

rhymeswithorang · Jun 1, 2007

Stone & McCarthy duration survey just off a 4-year high, lots of bulls.

rhymeswithorang · Jun 1, 2007

bund gets its teeth kicked in here

KS96 · Jun 1, 2007

111-112.5 is a longterm support area.
Deserves a bounce of some kind.

THE-BEAKER · Jun 1, 2007

Quote from KS96:

111-112.5 is a longterm support area.
Deserves a bounce of some kind.

YOURS I SELL

Mr B · Jun 1, 2007

I want to see a close above 112.30-40 area before I go long

euribor is at 4.5% for Christmas so we probably have few more hikes to come

KS96 · Jun 4, 2007

Quote from THE-BEAKER:

YOURS I SELL

come again?

dealer · Jun 5, 2007

Quote from dealer:

Beginning to nibble on some Sep bund longs here 112.07.

That high volume spike low earlier today must have flushed out a bunch of guys. Sentiment is way too bearish.

Took another nibble at 111.46....