GlobexCME 10 Tear Note...any downside left or hit bottom?

Discussion in 'Financial Futures' started by increasenow, Feb 18, 2008.

  1. as of Feb 18th...still short the 10 Year Note (Globex CME)...or has it hit the bottom?
  2. may have hit the bottom
  3. Hm, I think you are short on wrong exchange...
  4. Thanks for link.
    Here is what I see - blue and green support. I vote for green line bcause those who are going long now needs to be wiped out ...
  5. Yeah, who be eating-crow when "crazy 'surprise' rate cut talk" minutes are released???
  6. Take a look at the Five/Ten, Two/Ten, or Ten/Thirty spreads. The bond market is desperately worried about inflation. Market participants would normally be increasing their duration with expected lowering of rates. Instead, the market is shortening their duration due to expected inflation.

    I'll be the first one to cut bait if I'm wrong, but there's more going on here than a simple Fed target rate.
  7. Shagi


    The 10 year has hit suspect bottom - Long 115-280 today. Stops
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  8. 30 Year looking to tank...after 1pm home news today...tank hard...
  9. Whatever's in those Fed minutes quadrupled my money after the so-called "crazy 'surprise' rate cut". That spike was across the whole yield curve. Perhaps the best contrarian-indicator on EliteTrader is Mr. increasenow!

    #10     Feb 19, 2008