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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (257271)8/22/2003 2:25:48 PM
From: UnBelievable  Read Replies (1) of 436258
 
They Are Such F*cks

I bought the 30 year bond front month contract at 106 24/32 and sold it at 107 when it stalled there. 107 1/31 is R1 and 107 3/32 was the high of the day. Great trade (250/contract) 8 ticks buys a tank of gas in my SUV even at these prices.

Two or three minutes after I close (they did give me the opportunity to buy 106 31/32 which I declined) the thing spikes to 107 16/32, meaning I left 500 more on the table.

Even if you make a few cents in this it still sucks.
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