According to Bloomberg: Indirect bidders, a class of investors that includes foreign central banks, bought 36.1 percent of the notes sold today, the most since May 2005, when they purchased 40.3 percent. Investors bid for 3.07 times the amount offered, the most since May 1998. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOj4tM2OwqQk
wow wow wow! Spooz 840 bid at 11:46 and then 817 at 12:00 bought 817.75 and bond auction a handle selloff! Bought 117.18 whoa that was nuts!!!!! Of course I covered way too early but 4-5 points in spooz and 4-5 ticks in the bond in less than 30 seconds was good for me!
that selloff from 117.12 to 117.02 was great in ten seconds since I was long it wow these markets are all on crack chipped away and got it back but this is too much too much vol!!!!!!!!!!!!!!!
InvertedC, that was a great call. So what kind of profit target/per trade can one expect intraday in ZB?
TIC flow data yesterday showed HUGE foreign buyers of our paper (Chinamen! "asian american is the proper nomenclature"-Big Labowski) To answer your question that depends on what your timeframe is and how much heat you can take it is normal for 10-20 tick 5 second moves on air if you are on the wrong side of that it is not good if you are well then get out or ride it!