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Well,
It seems to have found some intra day support above the 2686 low on the
26th.(way above it todays low was only 2742) Will the employment report
tomorrow push it up or down? I dont know. After todays choppy day I sold
my puts on the NDX for a profit (some profit is better than no profit) and
will wait until tomorrow to see if it will be long or short next.
My simple technical tools say get out of the way (meaning going down) when I
look at the daily charts.
Anyone have an opinion?
Bill, I dont know anything about trading bonds but have followed your posts
for months now. Where would you recommend a beginner in trading bonds go
to get general info about trading bonds?
thanksIt
-----Original Message-----
From: t-bondtrader [mailto:t-bondtrader@xxxxxxxxxxxx]
Sent: Thursday, February 01, 2001 10:32 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Re: how low will she go?? or He...or It ??
could you
> confirm that the gender of market is female. I thought it was neutral
> with an "it" or male with a "he"...?
The normal (heterosexual!) view is that most 'things' which appear to have a
life of their own and which you can get in or on, such as cars, ships, etc
tend to be given the female gender. In truth they are all 'it', but when
given life, that life is usually referred to in the female form. However,
with this ridiculous political correctness pervading the world one wonders
for how long. A snowman is male, if only, I suggest, because it would be
considered improper in front of little children to build an essentially nude
female form. As for Old Man River, I just don't know how long HE will be
allowed to go on rolling along... but the Thames and most rivers in England
either correctly it, or lovingly she...
Since the market is good a neutering people, I suggest it is called it,
correctly...
Anyway, it has certainly come to life since Mr Greenspan adjusted the
interest rate yesterday and so far as the bonds are concerned the gap to
follow has been a good one today - with profit taken on the high of the high
of the first black crow!!! Now, if in the course of the next few days we
can attack the contract high....
Bill Eykyn
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