Thursday, December 29, 2005

Inverted Yield Curve...Nothing to Me... And it it ain't so bad... what's you're drug of choooiiccceeee....

a stinging pistol... in my mouth on my tongue....

A split moment of invertion with the 2 year yielding higher than the 10 year is what I call setting off technical stops in the FIT and NOB and TIT... in my heyday, I remember down ticking the NOB(Note over Bond;10 over 30years) by one mere lot just to throw the yield curve a nasty chaos for the moment... occasionally it would be the puny weed that split the rock and it would always piss other traders(former colleagues) who were long NOB about 100 times my size when their P&L would print something ugly....

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