Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 205
Did we just get some news? The Kospi just broke out of a two day balance and a six day uptrend...
No idea but on the Seng all the offering is being taken and won't follow...... interesting......
Yeah, someone likes though lower prices...i wonder if they'll bail if it gets pushed down to the lows again...
nah back at 922 before the next 5 min is out.....
22910........
That ill do.....
You were saying what?
Wow....i knew it would happen...'cos i left and went for a peddle
Gee I should trust my Fibonacci/MACD/Stochastic Absorption Indicator more often......
No idea but on the Seng all the offering is being taken and won't follow...... interesting......
From a normal Friday to an outstanding one...i was thinking before i went for my ride that you'd be at the pub by the time i came back...
After today I could buy the pub..... :alcohol:
After today I could buy the pub..... :alcohol:
Free drinks on TH for all members! :alcohol:
Had my busiest week in volume terms... made something like 2.6bps in profit.
Lately I've had a really good 'feel' (market context!!!!) as to what's going on but today its just been completely out the door.
I'm pretty sure there's either a couple of big boys repositioning after the number yesterday (shorts covering?) and there's a few guys taking profits in there as well.
Feels likes on the back end of our curve they are TRYING to sell it and they hold it down hold it down then something like yesterday happens and they scramble, cover and then try to build again. It's like they are thinking 'well rates are low and can't get much lower so the bonds have to be a sell' but then you get the random triggers + data points which keep hurting them. I think I agree with them in that long term rates are on the up but trying to time it in the market is next to impossible.
remind's me of the aussie, Stevens was jawboning that thing for months and couldn't push it down, you just couldn't sell it, then finally it cracks and now im sitting here going man why did I sell the aussie 9 months ago it was soooo obvious..
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