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AnderL

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AnderL

Re: rich ruscio post# 3144

Friday, 05/22/2009 9:27:40 AM

Friday, May 22, 2009 9:27:40 AM

Post# of 17387
update: A lot of bond traders went very short T bills when the Fed announced they would be a persistent buyer, and again when the Fed said they wold be buying into June.

I'm saying that if the Fed stops buying in July then I suspect some covering to occur and price might bounce.

it could be a short for another 10% from here but its at a higher risk that it was in March.
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