I agree with the above, but what do you think of this bloomberg article: http://www.bloomberg.com/apps/news?pid=20601009&sid=awboIY8A_blE&refer=bond# ***SNIP*** Japan Can't Get Enough Treasuries; Sees Fed Controlling Prices By Wes Goodman Sept. 18 (Bloomberg) -- Suddenly, the Japanese can't get enough government securities. Kokusai Asset Management Co., which runs the world's second-biggest bond mutual fund, Daiwa Asset Management Co. and Fuji Investment Management Co. are increasing holdings of U.S. government securities, expecting the 11-week rally in Treasuries to continue. ***SNIP***
exactly.. sure, they'll pause, but something of Mr. Ben's language will of course surprise the markets.
Just wondering what you guys think of this analysis (ZBs) No upside momentum until 111.07. Bears have to take 109.25 to get things started. I'm incline to scalp longs around 110.05 with a Major level @110.27 Thanks for your inputs.
Posting this at 2340 CST on Monday 18 September 2006: Tuesday 19 September 2006 Price Projection Numbers 111 24 110 12 109 01 Important numbers from the last couple of weeks 111 08 111 04 110 28 110 21 110 08 110 01 109 29 10925 My bias is neutral for today. Here are the reports: ICSC-UBS Store Sales 0645 CST Housing Starts 0730 CST Producer Price Index 0730 CST Redbook 0755 CST State Street Investor Confidence Index 1000 CST I'll be looking to make my decision for today based on price action at 0730 through 0800. A lot of valuable topics have been discussed on this forum, especially some interesting things since this past Friday.
Looking to go long multiple contracts on ZB's at 110 25 or better. Entry was 110 22 or better unfortunately. Looks like we may have finished a solid 4 tick profit move.
Long 4 ZB's 110 27....bad entry / late entry. Watch closely. Totally missed on an easy 5 - 6 tick trade! UPDATE 0757 Get ready to bail. Need to see a run on stops. Hopefully to 111 01. 0758 OK, new highs in the ZN. Don't let a profit become a loss!