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


To: yard_man who wrote (61908)5/24/2006 3:52:44 PM
From: ild  Read Replies (2) | Respond to of 110194
 
<<<buying puts on financials and calls on bonds>>>

I think you are fine. If only one position goes against you then you call it a hedge. If both positions go against you then you call them first thirds and buy more. Starting January 1 a trader is allowed to have up to 48 losing thirds and up to 7 winning thirds. -g-