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FW: Bond. T Bond



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From: 	nwinski[SMTP:nwinski@xxxxxxxxxxxxxxx]
Sent: 	Tuesday, June 24, 1997 5:13 AM
To: 	RealTraders Discussion Group
Subject: 	Re: Bond. T Bond

nwinski wrote:
> 
> Rick Ratchford wrote:
> >
> > "007, are you there?"
> >
> > "Dearest Money Penny, you sound as if bit by the spring bug."
> >
> > "Thank for the Roses, I just adore them! You know that I'll have to
> > return the favor, don't you?"
> >
> > "I've always counted on that Money Penny."
> >
> > "Oh James, sounds like you want me to dip into the FDate computer again.
> > Tell me it isn't so."
> >
> > "It gives me excuses to visit you Money Penny."
> >
> > "Oh James...wait here, I'll go look. The old bag is out right now.
> > James, there is a strong FDATE with your name on it!"
> >
> > "What does it say?"
> >
> > "FDATE for September T Bonds for August 5. Strong indication. To support
> > this, the PullDates computer is giving an August 6 indication. Two close
> > to ignore."
> >
> > "Money, will you be a doll and send it to my car?"
> >
> > "Is there anything else I can do for you...007?"
> >
> > "Just hold that thought, Penny."
> >
> > "Hmmmmmm. Okay..Sending."
> >
> Dear Mr. Bond AKA Ricrat,
> 
>     First, I must tell you how much I enjoy your new style. I think
> your new lighter brighter energy will provide more fun and profit for
> all concerned. That's the good news.
>     The bad news is that the planets are not aligned with your date as
> the key date for T-Bonds in August. The biggest day for T-Bonds in
> August will be August 13, 1997. If you are generating time periods from
> price, the error maybe in the perverse fact that T-Bond contracts have a
> reverse erroding discount. If all else were held constant, the price of
> a T-Bond futures contract would gain about 1 tick per week with no
> movement in the underlying market. You may want to do your analysis for
> the June contract to see if the answer differs and how much. Anyway, I
> have a very high confidence for August 13 plus or minus one day. If you
> decide to stick to your secret agent guns, I will be glad to engage in a
> sporting contest to see which of us is the better marksman.
> 
>                                                 Magically 008,
> 
>                                                 AKA T-Bond Pickens
> 
> 
> >     ---------------------------------------------------------------
> >  [Image]  [Image]

This was a past exchange regarding Bond dates. Almost there. Let the games begin!