Tuesday, February 27, 2007

DOW drops 500

Paying off big time today:

Treasury Call Options.
ITB, DSL, EEM shorts.

10 yr drops from 4.62 to 4.50.

Unfortunately, PIMCO's RCS didn't follow. It even lost a few cents.

I seem to have my best luck betting on swings in the 2 and 10-yr treasury yield.

How can I translate this success into my real money account where I can't buy CBOT options?

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