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Fastmoney front running CPI play


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#1 hedgehawk

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Posted 13 March 2008 - 09:10 PM

They had a new trader on Fastmoney tonight pinch hitting for the outspoken no nonsense guy from Minyanville. This guest trader was saying that the play for tomorrows CPI was to go long looking for inline or tame number to ignite a rally. I thought that was bad advice, because the only way you can front run an event like that is to have substantial capital to hedge if your on the wrong side of the move. Then you get into stop losses on your hedge as others have brought up and well, lets just say that is not an easy trade and there will be more losers than winners on that play. So if your thinking of front running tomorrows number good luck to ya cuz your gonna need it.