Sunday, May 25, 2008

Short Bonds

Last week I got filled on TLT put calendars. Now we hear the feds claiming no more rate cuts. This should make for an interesting week with the bonds clearly becoming weak now. After all ow much lower can the feds go now that their counter parts over in Europe have not followed suit.
I also look for Latin America to continue to explode. Asia markets as well. However since many Latin America countries are solid with natural resource companies I like them better right now. I plant to go long a diagonal on EWZ some time this week.

P.S. sorry about the delayed postings.

P.S.S. Remember these are for educational purposes and not for real trades.

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