Today’s Call: Greek 5-YR Sovereign Credit Default Swap to rise. Currently 1325.70.
Rationale – Greek Government issues statement that debt is ‘absolutely sustainable.’ Announcements of this sort generally are at best wishful thinking and at worst blatant lies.
Result of Call for April 15, 2011: USD Index to Fall. Was 74.84. Currently 74.37. Good Call
Calls to Date: Good Calls: 4, Bad Calls: 6, Batting .400