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

To: RockyBalboa who wrote (175)	2/27/2003 10:59:24 AM
From: Londo	Read Replies (1) \| Respond to of 666

I think those sell stops need to get run in the 30-year treasury before the next leg can continue up. This is just a massive cat-and-mouse game with the bond traders. I had to get IB help to re-enable ZB trading in my account since I thought the deadline was tomorrow morning. Oops. But I managed to get out at a reasonable price, and I'm looking for a reasonable entry point in the June futures (just above 112 and a half). Geopolitical risk and short covering should still be the driver for higher bond prices for at least the next week or two.