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01/10/11 2:10 AM

#63356 RE: 3xBuBu #63346

i'm closing out of the march 19 40.0 and am building a position in the june 18 40.0 calls on TBT. i also have some jan 21 2012 41.0 calls.

i still think the bond market will weaken from here, however "when" is up for debate.