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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Jim Willie CB who wrote (2578)11/24/2003 8:46:22 PM
From: mishedlo  Read Replies (1) of 110194
 
one must separate discussion of shortend and longend

You are preaching to the choir here.
Look at any of my previuous eurodollar posts to see.

It is a far safer bet that Greenspan will continue to be reckless than the market will attempt to punish 10 yr treasuries. The 10 yr will rise and fall with the market until every last dollar is sucked into it. I have no idea how to time that event.

I do know how to time greenspan however and I bet he does not raise rates much if at all by sept of next year. Every FN stop in the world is being pulled to get the idiot in the whitehouse re-elected. Even if that is not the reason, we are not going to see as abrupt policy change by the FED as the FED fund futures imply. In short, go long eurodollars June-Dec 2004.

In case you have no clue what I am talking about, that is an interst rate play not a Euro currency play.

M
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