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Pro bailout party wins in Greece

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Lawyerkill

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Jun 17, 2012, 2:52:06 PM6/17/12
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I wonder how big the rally will be next week.

momarch

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Jun 17, 2012, 3:29:20 PM6/17/12
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its going to crash on monday....remember the guy with his mystical numbers....

Blash

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Jun 17, 2012, 4:19:33 PM6/17/12
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No. 1. The urban area is the last to do because it is the largest.

No. 2. The ballot box that was destroyed still has to vote, and there is going to be a re-vote on it.

No. 3. The party that won is simply status quo; nothing will change, and the parasite will continue to suck, suck, suck the life out of the world . . . a slow death instead of working for our food . . .

No. 4. The ND will only last for maybe 6 months, and there will be another voting . . . Democracy was invented in Greece: endless voting for the 22 parties they have. However, Syriza will get in next time, and the Stock Market will crash, but it is going to do that anyway . . .

Monday the Market will be up if things stay as they are, but there is still Italy and Spain, so like I said before, everything will be the same [drip drip drip drip drip drip one drop of blood at a time]

Either way iam going to have some cash in my pocket instead of relying on the debit and credit card, incase I have to buy a loaf of bread tomorrow . . . .

Lubow

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Jun 17, 2012, 6:11:01 PM6/17/12
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"momarch" <moma...@gmail.com> wrote in message
news:2a63e7ec-83a5-442c...@googlegroups.com...
> its going to crash on monday....remember the guy with his mystical
> numbers....

I'm not sure if the stock market will crash but the EUR/USD will not stay
above $1.27 past election day plus two weeks. It may even peak above $1.30
before Labor Day.

For our two conspiracy theorists, one could say Obama had the CIA fix the
Greek election. For the rest of us, the Obama story is it's better to be
lucky than good. A peaking EUR/USD signifies a return to "risk on"
investing and a rising stock market which sometimes leads to positive
consumer sentiment.

I'm just glad I covered my EUR/USD short on Thursday. Anything > $1.30 is a
signal to consider a EUR/USD short.

RayLopez99

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Jun 18, 2012, 1:34:11 AM6/18/12
to Lubow
On Sunday, June 17, 2012 6:11:01 PM UTC-4, Lubow wrote:

>
> For our two conspiracy theorists, one could say Obama had the CIA fix the
> Greek election. For the rest of us, the Obama story is it's better to be
> lucky than good. A peaking EUR/USD signifies a return to "risk on"
> investing and a rising stock market which sometimes leads to positive
> consumer sentiment.
>
> I'm just glad I covered my EUR/USD short on Thursday. Anything > $1.30 is a
> signal to consider a EUR/USD short.

You are playing that EUR/USD ratio like a Greek boozooki Lubow. Hope your luck does not change... currency markets are a zero sum game.

RL

Lubow

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Jun 18, 2012, 7:00:37 AM6/18/12
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"RayLopez99" <raylo...@gmail.com> wrote in message
news:46ab3a3b-eff9-4f3b...@googlegroups.com...
>>
>> I'm just glad I covered my EUR/USD short on Thursday. Anything > $1.30
>> is a
>> signal to consider a EUR/USD short.
>
> You are playing that EUR/USD ratio like a Greek boozooki Lubow. Hope your
> luck does not change... currency markets are a zero sum game.
>
> RL

It also would not hurt to look at the usual indicators they use for FX
trading, viz., MACD, momentum, RSI and CCI. I mention these because in FX
trading you need all the help you can muster. Unlike stocks and commodities
we do not get volume figures in FX. The best we can do is look at the
volume figures for the current contract at the CME.

We have had an incredible run in the EUR/USD since August, 2011. I'm only
sorry I got onboard in November and covering half my position at $1.27.
IMO, it's time to call it quits, futz around with 2-3% monthly returns doing
buy-writes and take the plane up to Eastport ME (the easternmost city in the
USA) to check out their famous lobster shore dinners and the legendary Bay
of Fundy by air. It's only 3.5 hours away by air and I can do it on just
one tankful of insanely priced 100LL. From Eastport, Da Missus and I may
take the ferry to neighboring Campobello Island to pay homage to our patron
saint and the savior of capitalism, FDR.

Speaking of buy-writes, check out the possibilities of writing a July 95
buy-write on CMI. It looks like you could pick up 3-4% on a 32 day trade
(thank you, Derek Webb for cluing me into the world of buy-writes).

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