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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (164)2/24/2003 9:05:37 PM
From: Londo  Read Replies (1) | Respond to of 666
 
What's the ticker for Japanese debt on the TWS? What exchange? I can't seem to find it anywhere. (EDIT: just read your next message.. not available on IB, oh well.. I won't open up an account anywhere else so forget that one).

Anyway, the comment about the 30-year trading like a locked-limit up market is exactly what you said: Once the sellers (and shorters) are cleared out at the 114 level, there's going to be a total ramp in the price to clean their equity.. I suspect it'll be just as quick as the downtrend in the S&P 500 - a painful spike. It'll be the perfect time to go short on treasuries when everybody just begins to think that yields are going down to zero and that bonds are starting to look like a 'safe investment' because the stocks aren't.