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It is kind of strange but after awhile you I get to where I can kind of feel
the Bond market. For example when a report is due out soon and the market is
congesting and going sideways I kind of feel apprehensive and after a long
downward move and the release of the fed auction results I felt a little
panicked seeing that the vast majority being heavily short had to get out
fast causing a short squeeze, and then the counter move while they were
exiting, and then we were off to the races as everyone reversed into the
rally. I may be reading things in there that aren't so but it sure seems
like it.
Brent
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