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


To: Londo who wrote (385)4/24/2003 8:11:45 AM
From: RockyBalboa  Read Replies (1) | Respond to of 666
 
You have correctly pointed out that there is bond support aound 112 and that the yield differential to the 10y is unacceptable. That said, it looked foolish to realise the bond profit yday (though it was significant) but at least I avoided large losses by covering the EUR at one cent below todays prices.

With the short position in the SP, NDX intact, I'm looking forward to an interesting day.

Any Oil updates? 26/27 for the US crude looks still weak.



To: Londo who wrote (385)4/24/2003 9:36:25 AM
From: RockyBalboa  Respond to of 666
 
Treasury running up, 113 8/32, just crazy.



To: Londo who wrote (385)4/24/2003 11:24:53 AM
From: RockyBalboa  Read Replies (1) | Respond to of 666
 
Long ZB at: 112 14/32, 6/32. Stop it all at 111 28/32. Rough target price: 113 16/32, 113 24/32.

Brilliant move...

equity markets don't look good, either.