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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (4853)1/12/2004 11:52:55 AM
From: mishedlo  Read Replies (1) of 110194
 
Straight shorted June Eurodollars @ 98.74 this AM.

Most likely result is a loss of 10 basis points (if held till June). IMO
It could get a lot worse if Greenspan decides to cut.
Do NOT rule out insanity! ggg

Best guess is we linger around that number for a while.
Let's call it +- 4 BPs
We will see
At any rate, they are nearly fully valued. Unless there is a cut you wont be murdered.

Mish
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