Dislikedi can not agree more. this is the situation for now. technically probably fundamentally too. but....
if fed cut 50basis points. this can explode to the upside for the rate differentials.
in the worst case, fed does not cut any rate. i am shorting this thing for about 2.0100.Ignored
- #43,881
- Dec 11, 2007 12:36am Dec 11, 2007 12:36am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #43,883
- Dec 11, 2007 1:24am Dec 11, 2007 1:24am
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USD Est Non Mortuus
- #43,887
- Dec 11, 2007 1:47am Dec 11, 2007 1:47am
- Joined May 2007 | Status: 2 + 2 = 5 | 1,031 Posts
USD Est Non Mortuus