31.   If prices drop, traders can buy the contracts back for a lower price, effectively closing their position, and pocket the difference in price.

32.   If prices rise, traders buy the securities back to stem losses.

33.   If prices drop, traders buy the bonds, return them, and pocket the difference in price.

34.   If prices drop, traders buy back the borrowed bonds at lower prices, return them, and pocket the difference.

35.   If prices drop, traders buy the bonds, return them and pocket the difference in price.

36.   If prices fall, traders buy back the bonds at lower prices and pocket the difference.

37.   If prices drop, traders buy the bonds back, return them and pocket the difference in price.

38.   In response, traders bought dollars and sold marks and yen.

39.   In other words, traders bought dollars for yen and sold the dollars for marks.

40.   In this case, traders bought sold gasoline and bought heating oil, betting that the latter would perform better than the former and that the spread would widen.