- Long running saga of the weekly SHS top continues.
- Several failed attempts at shorting although results were a net positive purely by lucky coincidence. Squared up for the year just before this took off against me.
- Possibility of SHS remains. Much better entry levels now in the +40s. Fresh short initiated here at +41 earlier this evening.
- Bigger hurdle than before for SHS to be validated now. New neckline is at around +10. Until this breaks, can only attempt to sell this in small.
03 January 2011
UST-Bund Spread : Initiated Short @ +41
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