Trading Recommendations for Friday - Oct 23

By Marc Nemenoff
23 October 2009 @ 10:44 am EDT

Financials: Dec. Bonds are currently 19 lower at 119'01, the 10 Yr. Notes 15 lower at 117'16, the 5 Yr. Notes 11 lower at 115'16 and the 2 Yr. Notes 4 lower at 108'14. We continue to hold the combination of short Bonds and short the Dec. Bond 116'00 put. Near term support for Dec. Bonds is currently the 118'12-118'20 level. If this area is penetrated the next level of support will be the 117'18 level.

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