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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: GROUND ZERO™ who wrote (5982)10/9/1998 9:40:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
GZ, the magnitude of the decline in the bonds is staggering

Under normal circumstances, I would have view such price action as indicative of a major trend change. The only reason why I am not as sure this time is because the move is allegedly being caused by the unwinding of hedge fund positions as well as Japan liquidating its bond holdings and repatriating funds to deal with their problems.

Am flat the bonds as of two days ago--and looking to go long whenI get a signal to do so.

BTW, do you use a mechanical system to trade the futures??
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