txtittyfan says Short 10-15y treasuires now at "104" Wait to Cover at 100...
(From the thread ttp://www.tuscl.net/dt.php?DID=133160)
txtittyfan's latest plan for all TUSCL'ers to make money is to short treasuries now at around "104" (not sure where he got that quote) and wait to cover at 100.
Guarenteed easy money (LDs galore) or can someone see something wrong with the plan?
(Hint #1, tittyfan does concede you will have to make some "nominal" interest payments while you wait until the 100 point to cover.)
txtittyfan's latest plan for all TUSCL'ers to make money is to short treasuries now at around "104" (not sure where he got that quote) and wait to cover at 100.
Guarenteed easy money (LDs galore) or can someone see something wrong with the plan?
(Hint #1, tittyfan does concede you will have to make some "nominal" interest payments while you wait until the 100 point to cover.)
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