Tuesday, 17 March 2009

Here we go again...

Sold: One June Long Gilt future at 123.79.

My latest blogpost: Here we go again...Tweet this! Posted by Mark Wadsworth at 08:01

Labels: ,

6 comments:

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

Post a Comment

Subscribe to: Post Comments (Atom)