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Day in Europe is also close to day in Iraq. Days in Iraq create a lot of
news. Almost everything except basic commodities are trading off war news
right now.
Kent
----- Original Message -----
From: "qwerasdf12345" <prog1@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, March 28, 2003 11:47 AM
Subject: [RT] Nights, bonds, currencies and general choppiness
Is it just me or have CBOT bonds and CME currencies made most moves
this week overnight, i.e. during the European business day ? It sure
looks that way.
On the general choppiness side, a similar thing seems to be happening
in European indices (EuroStoxx, SMI, FTSE) - gap opens or sharp moves
on open, then high volatility sideways stuff for the rest of the
day. Quarter-end window dressing and the comnig end of the UK tax
year may have something to do with it, but does anyone have other
ideas ?
Perhaps now is a good time to go short volatility...
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