Kudos to MMs
- Thread starter nitro
- Start date
http://www.bls.gov/news.release/empsit.nr0.htm
My instincts about this was right, but the market doesn't care - it thinks QE(infinity) is comming. This is within a stones throw of what we need on a monthly number to make a dent.
The only semblance of sanity is the bond market reaction. Currencies also playing defense.
My instincts about this was right, but the market doesn't care - it thinks QE(infinity) is comming. This is within a stones throw of what we need on a monthly number to make a dent.
The only semblance of sanity is the bond market reaction. Currencies also playing defense.
I have a feeling you are not counting the unrealized losses, you know the -430 points at 1222 SPX.
Since the realized losses of this position is -60, you are indicating that the system made about +400 pts before 9/2, which is highly unlikely.
Care to clarify? Just post the P/L before 9/2....