DDM closed around 94. My average is around 94.55ish. I am short. How am I losing? You are unbelievable dude.
I think he doesn't respond, because I am asking serious questions he has no idea how to answer. Thanks for putting you're .02 in mak. I guess you're his mentor?
I think you will be safe in the DDM until it reaches the lip of the cup. However, I think there are better ultrashort plays out there. I had highlighted the ultrashort utilities index as one. That has bled out a little bit, but still may have additional opportunity as the interest rates rise further.
You have to go out and meet people. Go online to these trader publications and finance magazines and sign up on their mailing list. www.meetup.com Be creative.
That would mean you anticipate rate hikes in the mid-term. Rate hike odds implied in FF futures are currently running at 0% for this year. Also rate cut odds for this year dropped to 0% after Bernankes statements (hence the move in the bond markets). The markets currently "think" rates will be flat for the year. You better have a strong stomach and a lot of spare capital to gamble against them.
Why? Gamblers against rate cuts earlier this year would have made a fortune. (Sorry, couldn't help but mock you because you're such a baby about this stuff.)