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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (276414)	2/5/2004 12:52:46 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

no - only playing miners and eurodollars and euribors and now Short Sterling. (and a couple pizza plays). Bought a couple LSS futures today. LSS=Short Sterling=Pound interest rate futures The UK hiked 1/4 and the futures way out were flat. I take that to mean that no more hikes are expected. If so I will do well with those over time. It is interesting that the UK is trying to wreck their housing market and we are head over heels trying to prop ours up! You should get in on the interst rate plays. Nice intermediate to long term holds, and you just add when all the chicken littles bail when Grenspan changes "considerable period" to "patient". Greenspan wrecked havoc with three words that did not do or say anything and the UK hikes and gets no reaction. Amazing sh*t. M