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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (40004)9/17/2008 1:16:08 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 217979
 
Buy sugar - it is cheap and the BRL will recover after the deleveraging will end. Best trade since end of July – long sugar short BRL

After closing positions both will rally



To: elmatador who wrote (40004)9/17/2008 3:59:41 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 217979
 
in early August i sold out of BRL bonds at $0.67, now buying back in at $0.55, a pretty amazing 18% discount in just over a month. have no idea if this is the bottom on BRL, in fact chart looks horrible, but i don't mind taking a starter position here.