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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (14653)3/5/1998 9:07:00 PM
From: Joan Osland Graffius  Read Replies (2) | Respond to of 18056
 
Hi Bonnie, I am doing just fine.

>>Where do you think bonds are headed?

I am short the long bond around 5.75%. I am not a TA expert but my TA shows it is still in a bear trend. At the moment it has to trade below 5.8% for me to cover my short position. I was also looking at RWT to go long, but have not made a decision "yet".<ggg> I am going to study the chart tonight.

I am not buying anything in this market and am hedged "again". I have a few short positions, MOT included. March is going to be interesting.

Joan