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

To: sea_biscuit who wrote (57739)	4/9/2006 11:11:03 AM
From: Oblomov	Respond to of 110194

It's per set of quarterly contracts. The worst that could happen to your hedge is that the value of SF real estate would continue to rise, hitting the top of the price band, in which case you would lose your entire hedge. But in that case, your home equity would likely have risen markedly as well. I agree, the website is a bit flaky. But, I have had an account there for about a year, and have not had any problems. The only issue I have is that some of the contracts tend to be illiquid.