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Strategies & Market Trends : Canadian Options
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To: Sleeperz who wrote (634)8/7/1997 7:00:00 PM
From: Sleeperz   of 1598
 
>>>It might be a good bet US 30yr bonds are offered on Aug 7.
As always timing is important. <<<

Right on Aug 7 the market finally decided to turn down.
But it was a tricky whipsaw day. The bonds initially were have said
to have sold well so the market sold off before the news and reovered on the results but rumours of a FED tightening at the Next FOMC took the market down according to CNBC.

cl
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