so I called CME and the dude told me that "all months cosecutive spread" relates to the quarterly contracts (sept, dec, march, june)...so, than yea, sept08/dec08 would fall under the $270 margin rate...thoughts?
these markets are fucked in the head... trudging along... bought ZBV calls and an equal number of TY/US spreads on...
ive got my eye on yen franc cross again at 600 now, anyone else wathcing this? Pohpoh my man how you doing? You guys see DEC/Dec get to parity I shoulda styed in!!!
What about the GBP today... 1.764 new weekly lows?? thought it might be stronger. Fed?? rate?? is playing with it a bit, among AIG and other issues. Need a crystal ball.
Yes watching that spread closely... Trading Oct bonds today...enormous vol skews I'm shocked that Dec Dec got to parity...