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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (8029)2/13/2004 1:10:06 PM
From: mishedlo  Respond to of 110194
 
Well for your sake I am glad you picked June again. December could roll you over. Upside on June is quite limited IMO. I can't wish you good luck for obvious reasons but a 5 point drop on those will have me playing from the other side again. My core position is big enough and I still make money on even 1/2 point hike in DEC.
Way OTM short puts have a far different risk profile than futures at these lofty prices. We can both win if you are quick enough on the next dip.

M



To: russwinter who wrote (8029)2/13/2004 3:02:39 PM
From: ild  Respond to of 110194
 
Forecast Change - No Fed Rate Hikes In 2004
northerntrust.com



To: russwinter who wrote (8029)2/13/2004 3:28:58 PM
From: ild  Read Replies (1) | Respond to of 110194
 
02/10/04 Gold COT a little improved.

cftc.gov



To: russwinter who wrote (8029)2/13/2004 3:41:00 PM
From: mishedlo  Respond to of 110194
 
Gonna sell 3 more Eurodollar futures that I bought in my alaron account, on Tuesday +15-20 each. I had CC's written against them but they really screwed the call holders. I will give back 3-4 points on CC's but the CC's offered me 15-20 points of downside protection. Options on Eurodollars are way overpriced now and I have been a big seller of them.

Bank another 40 Eurodollar total points on Tuesday. Can not do it now cause options closed and I want to sell the unit together.

Junes are priced for perfection here.
My play is SEPT but with the CC's I have limited upside so they get tossed.

Mish



To: russwinter who wrote (8029)2/13/2004 4:34:17 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Gold COTs
cftc.gov

Very nice bullish move in big specs.
Long liquidation (and I bet we saw more today) and gold shorts piling on.

Look at big and small specs and ignore commercials.
This is squeeze potential if we can get a rally going.

Russ - do you read this differently?

M