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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Tom Trader who wrote (279)5/12/1998 9:01:00 AM
From: Patrick Slevin  Read Replies (2) of 44573
 
I have had an order in since just before 5 AM CT on Globex to cover 2 at 1109.50

No takers.

So, I will probably still try to cover 2 there and stay short four.

The steady action in the bond implies to me that people will buy early but weakness may develop after the first 30 or 40 minutes. If so, I probably will short again.

If not, I may swing back to the long side. It all depends on the health of the bond----right now it's been holding at plus 2, 3 for the past 30 minutes.
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