The Black Box

[WinLoseOrDraw]

the bond futures trading pit is littered with the corpses of people who shorted bonds when we hit 1%. "where can rates go but up?" they were heard asked. right before taking their last financial breath.

oops.

eventually shorting the 10-year will pay huge, but probably not before nobody wants to, lol.

in edit: ding! just covered 1/4 of the NDX short. still holding 1/2 long Dow, 1/4 long SPX, 3/4 short NDX