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[RT] Re: 30-year Bond



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In a message dated 3/9/00 12:09:09 PM Eastern Standard Time, 
t-bondtrader@xxxxxxxxxxxxx writes:

<< Dear Ben
 
 Bonds seem to be edging closer to going under 6% intraday (6.09 on STX as
 the low so far today) and for them to achieve this they have to go higher.
 What is the thinking of the bonds going to tank to perhaps 88, if it means
 them rising in price in order to set the signal?  I don't doubt the validity
 of your thinking, but I am curious to know the rationale behind it.  A
 lesson would be much appreciated!
 
 Bill Eykyn
 www.t-bondtrader.com
  >>
hi
i did buy today the  June   90   puts
based on    adv. get  waves  and confirmed by  Steve  this is  the worst thing
for bonds to do was to rally here  close to  a 3 -4 month hi
this confirms the wave count for   a free fall