huge bond move

Discussion in 'Trading' started by Free Thinker, Mar 5, 2004.

  1. huge bond move. +2 25/32 as i write. i cant remember ever seeing a move that big before. sombody big is on the wrong side of the bonds.
     
  2. someone knew something ... or got word before everyone else

    Treasuries flew before 8:30 am

    even before FX , Gold , Stock Index Futures blinked
     
  3. cnbc said greenie gets the number the day before. maybe we should have someone check greenies friends/family out.
     
  4. Cutten

    Cutten

    I'm shorting them now.
     
  5. Should be followed by huge equity move. Because many would be wrong on both.
     
  6. Cutten

    Cutten

    Covered the bonds, its going back up again.
     
  7. It looks a bit scary, I think it's hard to catch it with stop orders if big orders are ahead of you.
     
  8. weeeeeeee
     
  9. And Abbey Joseph Cohen was the only person to call for a long bond yield of 3.85% or lower.

    Congrats to Abbey.

    :D
     
  10. I just spoke to someone who has blown up today morning, he was so convinced about the bond direction that he had a major wager on it. He kept saying this is free money and sure trade till yesterday and was actively convincing others to take position.
     
    #10     Mar 5, 2004