is exactly why I hurried to the bank today when my profit objective of ZERO on the short Z/G spreads was hit. Actually I have been covering some as the Z/Gs have come down from the stratosphere and then when it has bounced I have put them back on for another ride down. Bear in mind it does not take much to make me happy and send me to the bank.

Thanks for the "Heads-up".

Best wishes,

dhm