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FUTR GEN: CIS GLOBEX Update



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RT'ers

It's showtime. Yen up 145 on the Globex. Mark up 68 on GLOBEX.
Money is PORING into the foreign currencies.

We now have a full on hedged situation. The banks are buying
currencies and hedging bonds.

When they unwind the "hedge", it's "good-night" Bonds. :)

Time for vertical put spreads.

Walt Downs
CIS Trading