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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Defrocked who wrote (40362)5/11/1999 2:56:00 PM
From: Defrocked  Read Replies (2) of 86076
 
Using the same logic as before (regarding all
the latecomers to the bond sale #reply-9363380)
I just bought some June Tbond calls for
a hopeful quick pop. I think the 10 year is now
setup for purchase as inventory should have been
hedged. Tomorrow's auction will bring buyers focused
on the core inflation rates on Thurs. and Fri. BWDIK.

Having been short the last 75bps. I just can't sell it
without a bounce or Fed-no-action next week.
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