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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (54586)2/23/2006 4:24:52 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Could not agree more Rarebird!

Hanging tough with my modest short position.



To: Rarebird who wrote (54586)2/23/2006 5:09:24 PM
From: UncleBigs  Respond to of 110194
 
Maybe bearish, maybe not. The Fed did another coupon pass today and the 2 yr & 5 yr. auctions are out of the way.

The brokers and financials pulled back slightly today from yesterday's all-time highs.

We could reverse here or could consolidate and push higher next week. Month end and the first few days of a new month are typically fairly strong.

Looks like the end is getting close however. Time to scale into shorts on strength.