Re: re:tbonds sep

["T-Bondtrader" <t-bondtrader@xxxxxxxxxxxxx>]

Your guess is as good as anybodys!   A pattern which I christened a Doji
Sandwich has occured on the 400 minute chart and in the right circumstances
on a 5 minute chart would indicate a reversal, or otherwise a retracement.
Such information 'might' prove helpful to the position player.

Yesterday was a spectacular Inside Day Trade yielding 25 ticks for those
who played it properly and a strong move up (the right hand of the
sandwich, as it were).   Today, is, as expected a quiet day because of the
FOMC Meeting, but the market came off to the res/sup of 114^12 and has now
risen gently awaiting the announcement at around 2.15 Chicago.

Personally, I never gamble before a Report, whatever the pundits, gurus and
indicators say.   It is a fifty-fity bet, because nobody knows what the
market is going to do, so I stand aside on those odds.   This is when you
have the high volatility and no safe haven for a stop in what is likely to
become a 'fast market'.   Being in the market with a stop at such a time is
really asking for the trouble everyone who has joined in with this topic
has warned against.   Far better not to be in at all - but make capital
afterwards, according to what you see with the price action, not an
indication for what it might/ought to do.

So, take the 15 or whatever ticks on the table, well before the
announcement time and watch.  Then re-enter.

Best of trading

Bill Eykyn
(new) www.t-bondtrader.com

However, once the market has had its fling, you can then make a number of
value judgments and assess your entry and target for a trade from there,
with an acceptable r/r/r yielding odds that suit your style and account.

-----Original Message-----
From: robin hall <rjeanhall@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxx>
Date: Tuesday, June 29, 1999 2:20 pm
Subject: Fw: re:tbonds sep



-----Original Message-----
From: robin hall <rjeanhall@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, June 28, 1999 7:34 PM
Subject: re:tbonds sep


hi there.
have we seen the bottom in bonds ? if we go past 115-00 where would the
next turning point be? is this an setup  for the fed mting.ie a rise past
115-00 , then with the announcement a big decline--- past 113-09 then to
110 to 109-00 area?

thanks