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Friday, 5 September 2008

Sep 5 Trading

Here's another hint.


Bond Yields dipped to 3.58% on the 10yr note; a 3 month low.

2yr bond future


I sold out of my long on YM too soon. I was thinking of re-entering long, but ZF was at its lows at the time. I was expecting a bounce in ZF around 8:30 AM (at which time I was expecting YM to pullback a bit after its bounce off its lows) but it didn't happen, so I waited and watched YM rally higher, missing 2/3rds of the total bounce. Oh'well.


Not bad for an hours work.

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