[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Bond market update



PureBytes Links

Trading Reference Links

We are getting mighty close to my target peak day which is Thursday. The
struggle here is a bit of a concern. Bonds MUST hold 122-22 low from
last week and preferably should hold 123-07 which we are mighty close
to. At this point starting to look as if bonds will have a hard time
reaching 125, and might stop just past old highs instead. For sure, new
highs will be attendant with significant divergences and daily, weekly
and monthly charts. 125 calls later in the week might be good sell,
unless of course, I am wrong. 

DISCLAIMER: THE ABOVE IS NOT A RECOMMENDATION NO MATTER HOW MUCH IT
LOOKS LIKE ONE BECAUSE I CANNOT AFFORD A LAWYER TO DEFEND MYSELF. IF I
SAY I ACTUALLY PUT ON THIS TRADE, IT AUTOMATICALLY BECOMES MORE
PROFITABLE TO SELL THE PUTS INSTEAD. 

Steve Poser

P.S. - Sep spooz can reach 1180 in next week or so...