I have no clue. I just try to be on the right side of a large move once in a while! It's all just a bunch of Reds and Greens to me. el surdo PS: Philly FED at NOON!
0955 CST Need to see a test of 111 09 soon, otherwise, I'll exit at 111 12 if possible and call it a day. Since the Fed meeting is in 1 hour CST we might get no activity until then. Perhaps the best thing to do is exit.
1003 CST Out of 2 ZB at 111 12. 1008 CST Out of 2 ZB at 111 13. Couldn't justify the time. That and my posterior hurts. The fact that sometimes leaks occur with the Fed is also a factor. I'm going to ride my exercise bike for 30 minutes. Back then.
1049 CST Back. Just watching. Nice to see that we kissed 111 08. Might be looking at shorting soon, but can't do anything until after 1100. 1057 CST If bearish reaction to number, we may have a target of 111 03 and 110 30.
1105 CST Sold 2 ZB at 111 11 to test the waters. Target is 111 06 or lower. 1108 CST Sold 8 ZN 107 310. Tried to get 108 010.
Looking to get out soon. This was intended to be a follow the ride down on the break through support. So far no go. 1123 CST Dow in slightly positive territory, i.e. +1.0. Maybe if we can get a rally in, bonds will drop a few ticks. 1125 CST I'll settle for 111 08 and 107 300 if necessary. 1136 CST We are getting really close to the noon hour doldrums. I think I'll go ahead and place orders for my above 1125 post.
1207 Bought 1 ZB 111 07. Looking to buy 4 ZN 107 295. 1208 Now looking to buy 6 ZN 107 295. 1210 Out of 6 ZN 107 300. 1211 Still short 1 ZB and 2 ZN. 1212 Out of 2 ZN at 107 300. 1212 Out of 1 ZB 111 07.