anyone playing the futures on the election result?
02 November 2004, 07:54 PM
#1
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anyone playing the futures on the election result?
Just wondering....
Dow about 10055 (and plummeting) as we speak....tempted to go long after the market shuts tonight with a 400pt stop (just in case!). Seems whatever the result, quite likely to see a bounce (aside from a prolonged "draw").
Still short on crude too, but tightning the stop on that one as might see a bounce on that too..........
Dow about 10055 (and plummeting) as we speak....tempted to go long after the market shuts tonight with a 400pt stop (just in case!). Seems whatever the result, quite likely to see a bounce (aside from a prolonged "draw").
Still short on crude too, but tightning the stop on that one as might see a bounce on that too..........
..........
02 November 2004, 09:10 PM
#4
Took a 6m fx option position a couple of weeks back - going long out of the money euro calls / dollar puts. Reckon dubya will win and reckon their currency will collapse to below the 1.30 level maybe reaching 1.40 in a few months with a healthy hike in vols to go with it. If I'm wrong I lose a couple of grand.
Suresh
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