John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Young who wrote (664)	4/6/2000 1:34:00 AM
From: John Pitera	Read Replies (1) of 33421

We may have seen a Low in the 30 Year Treasury Bond Yield on the Panic sell off on Tuesday. geocities.com We traded below 5.72 only briefly during the height of the panic from about 1 to 1:20 ET. We retraced 50% of the advance in yield from 4.69 on 10-5-98 to the 6.75 high in Yield seen on Jan 20th of this year. We also just experienced a very lopsided buying of T-Bond call options relative to puts, with $10 dollars of calls being bought for every dollar of puts. As the folks at MER have pointed out that high of a ratio usually occurs at a Top in price and bottom in yield. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next