Search

Categories

Checkout

  • Edit Cart
  • Billing and Shipping Information
  • Shipping Method
  • Review & Payment
  • Finish

Thursday and Friday fairness market

Details
Category: Forex

I remember distinctly the Thursday and Friday fairness market declines which led to the Monday, October 19th 22% decline within the Dow. "Those that cannot bear in mind the previous are destined to repeat it", a quotation attributed to George Santayana, athinker and poet. I'm available to discuss strategies with buyers holding giant equity positions. My 45 years experience on Wall Road attests to my qualifications. My background can be found on the website at the "Profiles hyperlink". I look forward to listening to from involved investors.

 

Currencies: The December U.S. greenback index closed at 8110, up 22.four factors as the sharp decline in equities late in the week prompted the shift to treasury bonds, the dollar and even valuable metals. The so called "fiscal cliff" created by the failure of the U.S. Congress to come to a budget agreement as described in the Overview would have a severely damaging impact on the U.S. as well as worldwide economies. We've been bullish for the greenback for some time and maintain our opinion. The December Euro closed at $1.2715, down 37 factors, the Swiss Franc lost 32 factors to $1.0546, the Japanese Yen 16 factors to 00.12585, the British Pund 81 points to $1.5896, the Canadian Dollar 15 points to .9980c the australian dollar 25 points to $1.0356, and the New Zealand dollar eight ticks to .8125. Stick with the dollar but place stops in anticipation of a U.S. "price range deal
U.S. Government Required Disclaimer - Commodity Futures Trading Commission

Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or Tradewins.