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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (21483)4/20/1999 12:36:00 PM
From: SE  Read Replies (2) | Respond to of 44573
 
Holy cow. PMB will not back off. They are offering me rates that will make me profitable on one tick in the bonds. It is insanity out there. I tell you what, the game is this. You play like you are interested, but then back off. Every single time you back off, they lower the rates on you. It is worse than used car salesmen....it is unreal. Heck, it is even profitable, although hardly worth the effort, for a one tick move on the mini-bonds.

The rate is now such that a quarter point move on a mini almost makes me whole. You can literally scalp minis for one and two point moves with those rates and make some coin. Heck, when I first started the mini the rate was more than .75 move......

Insanity. Simple insanity.

Guess with rates this low I have to take a more serious look at PMB. I like Leoweb and ZAP, but at some point I guess everyone has a price that will at least mean a serious look must be taken.

-Scott