Wednesday, December 14, 2005

Short the bond


The fed raises for a 13th time to try and cool the housing market and what did the bonds do?? go up +1 ^03?! Everyone is saying the CPI will come in tame tomorrow with energy prices being down the previous month. I think their could be a spike on the news until the traders start thinking about this months energy prices.

The plan is to short 1/2 position now, and 1/2 into the spike

short ZB 113^01

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