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Thread: WHOAH I FUND

  1. #1

    Default WHOAH I FUND

    just lost everything it gain today after hour


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  3. #2

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,999

    Default Re: WHOAH I FUND

    Quote Originally Posted by law87 View Post
    just lost everything it gain today after hour
    What makes you say that? FV?
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

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  5. #3

    Default Re: WHOAH I FUND

    Quote Originally Posted by Frixxxx View Post
    What makes you say that? FV?
    i click on it to see how much it advance today and it shows me after hour trade

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  7. #4

    Default Re: WHOAH I FUND

    Profit taking ahead of Greek vote. If I were to take a speculative flyer I would put 10% - 20% in the I fund right now. The I fund will open in negative territory tomorrow, Greece will pass austerity, markets will rally to close the I fund a little above open. Dumb money will see this and rush in after hours Wednesday. But this just kicks the can down the road and the worst long term option for the Euro. I say this because Greece is the tip of the iceberg. Spain and Italy will need funding soon. I think no funds should be given to Greece (mercy sacrifice) and in turn use those funds to buy down Spain and Italy now. If you take a 10% - 20% flyer on this you'll catch a hot couple of days with only a little exposure.

    If Greece doesn't pass, you can cancel the trade before noon and watch the bottom fall out of the I fund. Then enter the I fund on Friday C.O.B.. At this point you have limited your headline risk. But, Greece will be forced out of the Euro and the Euro will rally. First because Greece isn't a drag on the currency, but second because the $USD will fall hard ahead of the debt ceiling vote. Talk about a nice spike in the I fund in the weak summer months.

    I personally hope Greece votes no to austerity. This will save the Greek people from a long painful austerity. The Germans will no longer have to bail-out a bad case of socialism. The global markets will be rocked as default swaps pay out and this will force economically shaky countries to tighten their belts. Global recession will hit again, but it will be short lived as the Fed will follow with QE III and we'll probably see a few years of solid growth. Growth will be brought is by the US getting the $hit scared out of us due to the Greek default and making meaningful budget balancing.

    This is just my opinion, YMMV.

    Emo

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