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

To: cubsfan who wrote (5283)	4/9/2009 4:11:32 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

Right. FAZ: 10.70 - 40% SRS 32.5 -25% CYOU pales in comparison but is still up to 25. after all and with FAS hitting 8s I went short FAS call options. I calculated that the strategy yields a loss with FAS crossing 26. This is practically impossible; and it is important to sell premium when the going is good. I started a bet on interest rates today. In about 9 to 12 months, rates will be much higher.