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re: What is the purpose of swaps?

Posted on 1/17/13 at 9:29 pm to ClydeFrog
Posted by jso0003
Member since Jun 2009
5170 posts
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Posted on 1/17/13 at 9:29 pm to ClydeFrog
You're thinking of hedging in the wrong context.

Hedging is not done because you want to bet on something going a certain direction.
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