Anybody else short US 30 Bond

The shorts from the last few days are in labour. What will they deliver?

 

Freakin' unbelievable. Fed stepping into the markets! I was able to cover some of it on the way up. But still have some. Hmm..

You think this move will last? If it does last then I'll cover the rest of my positions.

 

It looks as if the TBond options are traded out only about one year.

 

where you been under a rock? what do think caused the 8 handle pop in ZB two fomc's ago when they announced QE. That is why we were talking about a 3.25% coupon on the tens bro. B Gross was saying the fed was uncomfortable with a 3.10-3.20 print in the tens. printing 3.202 as i write this

 

Today:

Outright Treasury Coupon Purchase

05/31/12 – 08/31/13

I think the downside is done for today.

 

Sorry for the late reply, as I've been trading the ZN, but now that my last long position is well on its way, I think there is a definite danger of a touch of 121 160 or even close to 122 000 today. Since 0903 to 0906 EST on the 1 min ZN chart, I've known that whatever short bias I had coming in today had to be tossed.

I'm not saying the above targets are a definite possibility just that they are possible from where I see things at 1039 EST. Keep in mind that I'm just about to call it quits today. I'm looking for a retest of the highs at 121 120. If it doesn't happen I'm out.

 

By the way, if anyone followed my time cycles when I was posting my journal, I'm looking for something to happen around 1400 EST today, Tuesday May 12 2009. To be honest, if it weren't so late for me, I would be waiting for the above time to trade multiples of my usual ZN lot size. I have no idea what the trade will be. I use other tools to confirm what I should do as the time approaches. The idea behind the time cycles studies are that I'm looking for the most ideal time to trade, predicting this at least a day in advance. I used to predict the time and the direction but I found that predicting the time is actually much more important. Other tools can get you in the right direction.

 

bought 6.007 billion, which is less than yesterday maybe saving their bullets for the long end?

 

Saving bullets for the long end? They had an opportunity on the long end yesterday and didn't spend.

 

they are about 1/3 through their 300 billion total I was just thinking about later on this year, who knows I just trade em. we probably will stay in some range. whether that is a 3% to 3.40 ten year, maybe, we stayed between 2.75 and 3.05 for a while the range is just a little lower now.