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I think you will find that James was thinking in terms of positional play... As a day trader, yes, it was a very nice day and I am now heading for a horse's neck - I don't know whether the USN, being dry, has the same drink, when ashore, as the RN, but sailors will know what I am talking about...
Cheers...
Bill Eykyn
----- Original Message -----
From: "SCOTT WINSKI, APS FINANCIAL CORPOR" <winski@xxxxxxxxxxxxx>
To: <REALTRADERS@xxxxxxxxxxx>
Sent: Thursday, December 07, 2000 6:34 PM
Subject: Fwd: Re: [RT] J-Hook on bonds
> Great.surprised anyone is trading bonds...isn't there rampant inflation?
> ---- Original Msg from: Mike <realtraders@xxxxxxxxxxx> At: 12/ 7 13:24
>
> what is a Duke of York????
>
> > t-bondtrader wrote:
> >
> > Ben et al,
> >
> > Missed my profit stop by a tick, but the DS told me to exit, so came
> > out at ^04 with a good pocket full of tin from yesterday's high and am
> > now long with you, but measuring the retracement. Missing the target
> > by a tick cost me five getting out, but that is now also in my pocket
> > and if we reach ^15, then I am long all the way home - and we could
> > end up with a Big Point in total. Glad your stop was not hit and you
>
> > should shortly be back in the black and on track. Anyway, I think the
> > J-Hook is out of the window and we could end up with a most profitable
> > reverse Duke of York instead. The ever changing market...
> >
> > As ever we'll see, when the day is over...
> >
> >
> >
> > Bill Eykyn
> >
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