Sell Mortimer sell, spooz sell off 100 bucks and they don't rally, now spooz rally 100 bucks and they don't sell, more supply no QE WTF sell bitch sell... waiting on the auction I hope it sucks so we can move.
everytime they dip their toes past 3.75 yield, (3.782 hit today) they pull it out of the water...calm calm then rocketship
I shorted 116.00 after number and 116.10 later and scratched them both, just traded more spooz today I am glad I stayed out of the way that was a gnarly upmove on big clips someone was hunting wabbits today.
I rarely waste my time in ZB, way too erratic, unless I positon them. Made a few Rubles in ES earlier. Have a good weekend. suds'
Dear Helicopter Ben and your cronies, (Bill Gross) Thanks for making the long end of the curve almost untradable I really appreaciate your skill in artificially keeping interest rates low by QE and mortgage purchases and not letting the mkt do what it wants. In the end you will cause a big mess. I might switch to trading gold for a while. sincerely, invertedCurve P.S. mkts manipulated by big money can only be for so long; history has shown as such and as a "financial historian" you should know this. Keep helping the banks and it will be your ruin as other asset bubbles will rear their ugly head. I guess you have to pay back PIMCO for buying Freddie and Fannie paper when the world was ending a couple of years ago, I get it.
ZN dips 8 ticks after the open in a span of a few minutes....And now we are most likely range bound 4 ticks for the day. If you took a piss near the open then you missed the day.