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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (33721)5/14/2003 8:39:34 PM
From: energyplay  Read Replies (2) | Respond to of 74559
 
US Bond markets as Nasdaq in January 2000 - I pretty much agree, but I think we are in Dec 1999. I don't think bonds get bad until fall.

I expect a long , broad top.

I have moved out of every bond except TIPS last fall.

There's a RYDEX Juno (?) fund which follows the INVERSE of Treasury bond prices - I' m not ready to buy it yet.

It has heavy expenses, since it is buying swaps, options ,etc. to create hte inverse. So I want to buy it when I think there will be real up move on interest rates.



To: TobagoJack who wrote (33721)5/14/2003 11:03:52 PM
From: LLCF  Respond to of 74559
 
<, I watch the Japan and US bond markets, and believe they are at the equivalent of Nasdaq in January 2000, closing in on March, 2000.>

You can't short them [USBONDS] because you know that the Fed may very well bid 3% for jabillions of 'em one morning if the economic numbers continue to look shit... so up they go. I'll skip that trade. :)

I would expect long term premium on bond options to explode here at some point. Hopefully right after I get my pooots.

DAK