Sunday, October 28, 2007

ED Z7 Long

Because of the credit crunch I decided to buy EURODOLLAR December Future 2007 (ED Z7) at 95.17 with a stop-loss at 95.00. (19/10/2007)
My intension is that the FED is forced to reduce the short-term interest rate and ED is up to about 95.50.But I know that the FED has to consider the US inflation!

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