We put a hypothetical gun to our head – “Trade or you die!” – and discovered that there are times when even the most desperate search for opportunity is likely to go unrewarded. Gold and the E-Mini S&P were both trapped in the same eddy, a lapse of activity caused by the blizzard that had brought New York and much of the East Coast to a standstill. Even so, we were able to find a cheap way to short T-Bond futures, and to justify holding a piece of the original position for additional gains.
