Wednesday 18 March 2009

Quitting while you're ahead

Bought: one June Long Gilt Future at 123.43

4 comments:

Anonymous said...

Ah, a profit, however small, is always better than a loss.

Snafu said...

"You are collecting nickels just in front of a steam-roller"

Steven_L said...

Mark, who lets you short government bond futures? If you don't mind me asking.

Mark Wadsworth said...

S, good analogy.

SL, you just open a futures dealing account and get on with it, it's bread and butter stuff. Legally it isn't quite the same as 'shorting' although in practice it is exactly the same thing.