Tuesday, 26 February 2013

Short third BTP H13 on Bernanke words

I am short a third BTP H13 from 108.50 and this is motivated by what Bernanke has just said:

FED'S BERNANKE SAYS A WRITEDOWN OF ITALIAN DEBT WOULD NOT INFLICT SERIOUS DAMAGE ON U.S. FINANCIAL INSTITUTIONS 
that is a bombshell ! 
I will close this short in intraday , possibly at 108 , since I'm doing terribly well with my whole position here. Stop at 108.60.

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