Mark Wadsworth: Quitting while you're ahead

Wednesday, 18 March 2009

Bought: one June Long Gilt Future at 123.43

Anonymous said...: Ah, a profit, however small, is always better than a loss.; 18 March 2009 at 16:10
Snafu said...: "You are collecting nickels just in front of a steam-roller"; 18 March 2009 at 16:21
Steven_L said...: Mark, who lets you short government bond futures? If you don't mind me asking.; 18 March 2009 at 16:47
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.; 18 March 2009 at 17:00

Wednesday, 18 March 2009