Jan 24, 2005

One Lump or Two?

Sticking with stops and not looking for any adds here. Like a lot of people I can still feel the inevitable bounce coming but I also remember feeling that way about the dollar in Oct. I am lightening up and just planning to manage a smaller book for what the market gives me.

The long end of the treasury curve just keeps moving higher. I guess it is risk aversion but I don't know.

No comments:

Post a Comment