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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (294)10/4/2000 6:48:37 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 8925
 
I'm Short overnight, Jerry.....I generally allow my Bond plays to work for awhile. It's very unusual for the Bond to move more than a full point day to day so once one gets an edge early in a day it's cake after then.

I used to tease Tom Trader that the Bond was a vehicle for old men to trade. But indeed it's the simplest trade on the horizon. Particularly with Point and Figure, as a matter of fact. You should give it a go sometime.

In my mind's eye I can see Tom sitting on his Virginia porch, rocking away, counting his bowel movements and grinning giddily at his long fingernails, long stringy white hair, and his Bond charts. I'm not quite ready for that but it is an easy way to trade.