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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18295)	5/6/1998 2:48:00 PM
From: Lee	Read Replies (1) \| Respond to of 50167

Ike,..Re:but Bundesbank uncertainity will weigh on this market heavily Dear Ike, It looks like you made a good call shorting the bund at 107^80, especially in light of the rate hike talk out of Germany that we hear. tfc-charts.w2d.com I think for the US that we will stay in the 6.1% to 5.75% range for awhile. chart1.bigcharts.com:80/report?r=chart&onbad=badsymbol&country=us&time=7&freq=1&compidx=aaaaa%3A0&ma=4&maval=9&uf=7168&lf=1&type=2&style=3&size=2&symb=TYX&comp=&sid=11421&sec=x&xyz=11608984&s=7752 I became more convinced that we are range bound with the news that Treasury is cutting back supply. moneynet.com US Yield Curve to Flatten as Debt Schedule Changes For this reason, I am considering selling Sept. 122 calls. It is also tempting to buy May 120 calls in front of the Friday jobs number as all anecdotal evidence to date suggests that wages are well behaved except in some areas of higher demand. Will post if I get the opportunity to go long the May 120 calls tomorrow (looking for 43 or less to pay) Regards, Lee