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To: StJacques

Early word from CME/IMM: Obragore isn't impressing the traders at all (at least so far), front-month Peso is up 1.75 ticks on GLOBEX tonight.


5 posted on 08/06/2006 3:20:58 PM PDT by SAJ (Suggested buying Dec EC, JY, AD straddles -- too late now. Maybe after FOMC meets.)
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To: SAJ
SAJ;

Just for my general information -- not to be in any way confused with a prediction, which I am not making in this request, how do you bet on the peso to go down? I understand "buying low and selling high" -- betting on it to go up -- but what if I were to see it going in the other direction?

Again; this is just a "for my information" inquiry. I'm not predicting the peso to go down, in fact, I'm very certain it will go up long term.
8 posted on 08/06/2006 4:07:10 PM PDT by StJacques (Liberty is always unfinished business)
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