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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (5203)4/2/2009 7:28:08 AM
From: RockyBalboa  Read Replies (2) | Respond to of 6370
 
Sometimes people do not use their abakuses

Since FAZ and FAS can both be shorted I found some arbitrage opportunity with FAZ down less than 10% and FAS up 16%. The early shift arrived and started the fading process , the gap to now 13% / 11%

Unfortunately I was not able to short the relatively overpriced SKF.