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


To: SE who wrote (25708)4/23/1999 12:47:00 PM
From: Lee  Read Replies (2) | Respond to of 50167
 
Hi Scott,..Re:.We have bounced off the middle tine of a fork for the second time today at '26

Thanks for your read on the trend change. Would this bounce off the middle tine be the middle tine of the famous Andrew's Pitchfork?

When I traded bond options regularly, mostly depended on economic fundamentals which served well until we got all that 'flight to quality' buying which sent TYX to lows not consistent with the macroeconomy last year. After that, and the same thing in mid '97, got disgusted but may look at a US9U for a long. Especially since the dollar appears to be fairly solid here.

Thanks again for your comments,

Lee