Mark Wadsworth: Here we go again...

Tuesday, 17 March 2009

Sold: One June Long Gilt future at 123.79.

AntiCitizenOne said...: Does that imply that you are betting/thinking that gilts will be higher than 123.79 in June?; 17 March 2009 at 10:29
Mark Wadsworth said...: Nope. I have sold, ergo I think that the gilt future will be lower than 12.79 some time between 8 am this morning and the delivery date some time in June.; 17 March 2009 at 10:31
AntiCitizenOne said...: So what happens if it's not?; 17 March 2009 at 11:35
Mark Wadsworth said...: Then I lose money.; 17 March 2009 at 11:38
AntiCitizenOne said...: How much?; 17 March 2009 at 17:21
Mark Wadsworth said...: £1,000 profit for every full point it falls and vice versa.; 17 March 2009 at 18:16

Tuesday, 17 March 2009