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  #31  
Old 08-17-2007, 12:54 PM
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Quote:
Originally Posted by 1695814 View Post
...and how in the world does that work? Do they just expand/restrict the supply of yuan so that its value relative to the dollar is where they want it?

Sincerely Yours,
I have no idea - I passed course 2 on Interest Theory and Micro, not Finance and Macro.
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  #32  
Old 08-17-2007, 04:12 PM
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+233.30

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Originally Posted by Brad Gile View Post
Predict the Dow? Interesting.
OK, I'll say we end this week with the usual turbulence and an end of the day result of +210.
Not quite as turbulent as Brad had predicted, but we can give him credit for his vote of +210 (and implied +-25).

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I'll go up with 200-250 points.
:pats self on back:
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  #33  
Old 08-17-2007, 04:50 PM
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I predict that next week will not be as volatile as this week, and the Dow will end up above 13500.


It's so easy to make predictions when I have no money on the line
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  #34  
Old 08-17-2007, 04:52 PM
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Originally Posted by SirVLCIV View Post
I predict that next week will not be as volatile as this week, and the Dow will end up above 13500.


It's so easy to make predictions when I have no money on the line
It's easy to make predictions when you do have money on the line.

It's just hard to make the ones that impact your portfolio negatively.
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  #35  
Old 08-17-2007, 05:12 PM
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You want to speculate on Vol? buy puts on the VIX or sell call spreads

You could make a small fortune if fear is reduced to low levels...options settle in cash.
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  #36  
Old 08-20-2007, 07:05 AM
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up 0-50 for today
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  #37  
Old 08-20-2007, 08:21 AM
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-150 today
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  #38  
Old 08-20-2007, 08:38 AM
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Up 100. I'll throw out a point estimate, you can consider it a midpoint if you are looking for a range. Also, if you have actual money on the line, a safe bet is to bet AGAINST my pick.
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  #39  
Old 08-20-2007, 08:48 AM
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It has the feel of being a relief rally today. I'll go up 101.
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  #40  
Old 08-20-2007, 09:12 AM
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up 150 today, international markets had a big rebound.
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