Thursday, December 11, 2008

Note Futures

As my earlier Post mentioned, I think this morning is a good time to take a shot at buying puts on the notes.  I prefer that over the futures but as a futures trade it would be to sell a March ten year note future at 123'26 with a 24 point stop and an initial objective of 122'10.
 
There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results