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Politics : Idea Of The Day
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To: Brian Fukuba who wrote (17673)3/31/1998 10:31:00 PM
From: IQBAL LATIF  Read Replies (5) of 50167
 
I don't like Aprils-- you may see your money wiped out if we have good numbers on Friday-- trade uncertainity trade time-- the longer you are in expiry the better you are with seeing your levels-- I will make it little more exotic-- buy June 1090 and sell April 1060 for averaging your cost basis-- bear spread and a calender spread but risky you lock in your profits below 1060 if we are there before 17th April-- these are exotic trades and if you don't have a connection to the pits - better don't do it. If you need to come out of the trade you will get the sorst fill ---to trade a spread you need a full service brokerage house-- you can then even trade from where I am sitting with a lone stray dog still barking in the street.
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