SI
SI
discoversearch

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 : Short Selling, Dark Side, Bubble Busting Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (112)5/10/2005 3:30:49 PM
From: mishedlo  Read Replies (1) of 361
 
Fed did a small repo drain of 1.75 billion, and a 3.0 TIO expired. If they don't show up with more paper out of thin air, the markets will start choking of new Treasury issuance starting next week. 18 billion in TIOs go off Thursday. We are at a crossroads, but I feel the B-C rally phase is over. The bond market no longer has the specs shorts to squueze and the FCBs still look MIA. Could get real dicey there.

I agree on B-C rally.
As for treasury shorts I think you are dreaming.
Short sentiment is higher than ever.

Mish
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext