Discussion in 'Financial Futures' started by scriabinop23, Apr 18, 2008.
3.83 / 4.568 yields ... Mkt is acting like no recession is in the cards. Hmmm...
Fed don't give out money for free; A great setup for next week;
Not yet. But I'm wondering if today might be something of an exhaustion move.
http://charts.dacharts.com/2008-04-18/2008-04-18 11-40 ZB #F 90.png
Of course as long as there is such a strong bid under equities much of an up move isn't likely.
this is a good day to invest in gold, bonds, medium dated financial equity puts ... all to hedge some undervalued long exposure.
today (fri. April 18th) is TOTAL proof 30YR does not track inversely the DOW/SP...okay, BOND professionals...get a chart out and explain this to us all...YM is off a little bit this afternoon and 30YR is soaring, soaring UP...explain it...the recent 'monologue' has been that Bonds inversely track the DOW/SP...please explain...thanks!!!
If you know this; Fed had a auction on April 17; yield has been crippling up since Monday; I say Banks have no money;
i bought zn at lunchtime on friday and rode it up, covered 1/2 at first pivot and other 1/2 at 116. my gut told me it would retrace a bit, and i didnt want to short ES as i figured it might just sit at the highs till close like it has done on these other huge updays recently.
im not buying zn long term for a while tho...stepping in front of this equities dip buying freight train is suicidal right now imo.