WednesdayFiled under Discrepancy Trading, The Inflationist Challenge 2009
Gap narrowed very quickly as FTSE crashed to 4514 whilst Australia 200 stayed strong at 3760. The Inflationist has decided to take profit (even though we think FTSE has got a long way to fall – the gap could easily close up to 700), but $1k for one days “work” is not bad at all (Note: the actual positions shown in the screen are not based on the previous posts, in real life we got in at better positions! Note the above is $5/point).
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