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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: Hank Scorpio who wrote (2252)	2/25/2021 2:40:14 PM
From: Thehammer	2 Recommendations Recommended By THornsby toccodolce Read Replies (1) \| Respond to of 2591

I have been looking for a decent cash substitute to use in my non IRA account to do the same type of trades. I have not found anything that has short duration and safety. My concept though was that i could sell the bonds if I wanted to eliminate margin. Ironically most of those bonds traded to a premium post 2008. I rode most of them out and allowed the margin debit to subside. If you go longer in duration, you have to factor interest rate risk in a rising rate environment. I have been fully invested in just about all of the crashes. In 87, I wished that I had more sideline $$$. That was the craziest market dat that I have ever experienced. Technology was being rapidly deployed across financial services but it all was not stress tested. You couldn't get valid quotes on that day. The quote machines would show one thing and the market would be somewhere else. I worked in the industry and people were clamoring that they had entered limit or market orders that should have been executed but were not. We spent a lot of time straightening all that out and we hade probably the best system in the business at the time. After that, the industry and regulators forced some changes that addressed some of the issues.