You'll also likely recall FAS (3x long Financials) mentioned earlier as a short duration position. I will add the entire intended position right now, but it will be 75% of a full position, URTY would be a full position and I normally run about 6 positions in a trading portfolio.
Earlier Financials/FAS Update
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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