Tuesday, April 22, 2008

Prices Gradually Move Higher

Trading conditions today have been somewhat challenging in early trading, but are now showing signs of considerable improvement, as prices rebound and move higher.

I have also been trading treasuries this morning. They are less erratic than the S&P 500 futures, so they are often my second choice after grains. Treasuries are extremely liquid -- as much or more than stock index futures. I could easily buy 300 contracts without causing even the slightest blip of change in prices.