Oprano Adult Industry Forums - View Single Post - if you beleive interest rates bottomed out

wig · 03-11-2004

Serge,

As usual, I am coming in with opposite views.

I did get out of my bond future longs at 115.12/USM.

However, the consecutive closes above the resistance are telling me that bonds / notes are stronger than expected.

Short-term, there may be some downside (normal after proving strength), but I would be careful not to get too bearish until the market gives real technical signs of a break down.

btw, how you like them stock shorts? ;-)))

Last edited by wig at Mar 11 2004, 08:01 AM

03-11-2004	#12
wig Members Join Date: Oct 2002 Posts: 1,248	Serge, As usual, I am coming in with opposite views. I did get out of my bond future longs at 115.12/USM. However, the consecutive closes above the resistance are telling me that bonds / notes are stronger than expected. Short-term, there may be some downside (normal after proving strength), but I would be careful not to get too bearish until the market gives real technical signs of a break down. btw, how you like them stock shorts? ;-))) Last edited by wig at Mar 11 2004, 08:01 AM