My personal portfolio:
Comment of the Day

October 21 2010

Commentary by David Fuller

My personal portfolio:

US 30-year Treasury bond short trade increased

David Fuller's view This is a bit risky in the short term, because there is no conclusive evidence that the trend has changed and Bernanke could still support the market, should he wish to do so. Nevertheless, I think the next big move will be downwards for T-Bond prices (upwards for yields). This afternoon, I shorted the December contract at 132.31, including spread-bet dealing costs of .04, doubling my small short position in the process. I may trade this position actively.

I have a few other trades to report, mainly two additional corn purchases, one of which I mentioned yesterday. I will try to catch-up on these reports tomorrow or on Monday.

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