232737 Bullies, 3716 online  
  • Register
Our Sponsors:

Results 591 to 600 of 1308
Page 60 of 131 FirstFirst ... 10505657585960 6162636470110 ... LastLast
Sponsored Links Spacer Image
  1. ysc87 is offline
    ysc87's Avatar

    Senior Member

    Join Date
    May 2007
    Location
    LA/CA ; STL/MO
    Posts
    1,136

    Posted On:
    6/17/2009 10:39am


     Style: crapp-lawl-ing

    --
    Hell yeah! Hell no!
    Quote Originally Posted by SifuAbel View Post
    But she wants me to look my very best!
    Then lay off the cheeseburgers, fatty.
  2. Dsimon3387 is offline

    Senior Member

    Join Date
    Dec 2006
    Location
    san francisco
    Posts
    3,079

    Posted On:
    6/17/2009 10:40am

    Join us... or die
     

    --
    Hell yeah! Hell no!
    Quote Originally Posted by SifuAbel View Post
    Currency isn't for everybody. Its is VERY volatile. Especially in the spot market where you are heavily leveraged. You can make oodles of money or be totally blown out.

    If its a straight exchange, with no leverage, you will get a few cents on the dollar. but like any instrument you have to be savvy enough to be on the right side of the trade.

    the problem with foreign CDs is that any gains can be wiped out by sudden declines in that currency. US CD are much less risky. for example, if you would have bought a British CD while the Pound was at 2.04 in aug 08 you would have tanked into negative territory by Jan when the collapse came and hit 1.27 b y Jan 09. Now its at 1.62-66 range.

    Yeah the violatility is why I don't mess with currency trading. Also it is tough because obviously you buy at the top (the british pound) there is no place to go, but catching a falling knife... that is what has prevented me from buying a particular Certificate of Deposit. Australia has good resources and seems stabile enough to try it with... but this is not trading its just buying in the currency.

    So the dollar is still the most stabile currency in the world? I am tempted to try a northern euro CD if it is still down... but the bad thing is that I can't trade out without penalties if I do it through the CD's! It might almost be better just to buy it at Forex or something so it can be transferred easily. This is the closest I get to gambling unless I am in Las Vegas haha.
  3. SifuAbel is offline

    Rock ape baby pic

    Join Date
    Jul 2002
    Location
    Florida
    Posts
    4,694

    Posted On:
    6/17/2009 10:47am

    Join us... or die
     Style: LongFist CMA

    --
    Hell yeah! Hell no!
    Quote Originally Posted by Dsimon3387 View Post
    Yeah the violatility is why I don't mess with currency trading. Also it is tough because obviously you buy at the top (the british pound) there is no place to go, but catching a falling knife... that is what has prevented me from buying a particular Certificate of Deposit. Australia has good resources and seems stabile enough to try it with... but this is not trading its just buying in the currency.

    So the dollar is still the most stabile currency in the world? I am tempted to try a northern euro CD if it is still down... but the bad thing is that I can't trade out without penalties if I do it through the CD's! It might almost be better just to buy it at Forex or something so it can be transferred easily. This is the closest I get to gambling unless I am in Las Vegas haha.
    Stable isn't the word. The US dollar is considered "quality". When markets become more risk averse, slumping economy, etc., there tends to be a flight to quality in the dollar. More buying means higher dollar value. When things get better, people's risk appetite increases and see more selling of the dollar for other currencies. Euro, GBP, Aud, etc etc.

    Right now we are at a mid range from peak to trough in price. foreign money has been trending higher due to the US rally since march. but the US rally is going sideways now. iffy at best.
    I am the biggest fucking wanker on the internet - Proven fact.
  4. SifuAbel is offline

    Rock ape baby pic

    Join Date
    Jul 2002
    Location
    Florida
    Posts
    4,694

    Posted On:
    6/17/2009 10:51am

    Join us... or die
     Style: LongFist CMA

    --
    Hell yeah! Hell no!
    Quote Originally Posted by ysc87 View Post
    Then lay off the cheeseburgers, fatty.
    why? fat seems to win.:icon_cycl
    I am the biggest fucking wanker on the internet - Proven fact.
  5. Lebell is offline
    Lebell's Avatar

    Just waiting for the paperboy.

    Join Date
    Nov 2006
    Location
    Lolland
    Posts
    12,492

    Posted On:
    6/17/2009 10:54am

    supporting member
     

    --
    Hell yeah! Hell no!
    ah...sifuAbel...is there anything he does not know?

    awesome guy.
  6. DarkPhoenix is offline
    DarkPhoenix's Avatar

    I feel like you eyeballin' me, dawg!

    Join Date
    Sep 2008
    Location
    Wyomissing, PA
    Posts
    2,246

    Posted On:
    6/17/2009 10:57am


     Style: Judo, BJJ

    --
    Hell yeah! Hell no!
    Quote Originally Posted by Lebell View Post
    ah...sifuAbel...is there anything he does not know?

    awesome guy.
    Me, he doesn't know me. HA HAH HAH!!!
    Quote Originally Posted by Holy Moment View Post
    BJJ JOE: I'm going to make hate to you. Right here, right now.
    ... Ohhhhhhhh, I'm going to make hate to you so hard that your kinfolk back in Africa will feel it.l
    Quote Originally Posted by Archer
    Karate is the Dane Cook of martial arts
  7. Lebell is offline
    Lebell's Avatar

    Just waiting for the paperboy.

    Join Date
    Nov 2006
    Location
    Lolland
    Posts
    12,492

    Posted On:
    6/17/2009 11:16am

    supporting member
     

    --
    Hell yeah! Hell no!
    Luk...Darkphoenix...he is your....FATHER....
  8. SifuAbel is offline

    Rock ape baby pic

    Join Date
    Jul 2002
    Location
    Florida
    Posts
    4,694

    Posted On:
    6/17/2009 11:22am

    Join us... or die
     Style: LongFist CMA

    --
    Hell yeah! Hell no!
    Quote Originally Posted by Lebell View Post
    Luk...Darkphoenix...he is your....FATHER....
    YouTube - Family Guy Scene- Buzz Killington
    I am the biggest fucking wanker on the internet - Proven fact.
  9. Snake Plissken is offline
    Snake Plissken's Avatar

    When I Get Back

    Join Date
    Jan 2007
    Posts
    11,559

    Posted On:
    6/17/2009 11:26am

    supporting member
     

    --
    Hell yeah! Hell no!
    Well, ****. Sirc's banned for 3-days.....
  10. SifuAbel is offline

    Rock ape baby pic

    Join Date
    Jul 2002
    Location
    Florida
    Posts
    4,694

    Posted On:
    6/17/2009 11:27am

    Join us... or die
     Style: LongFist CMA

    --
    Hell yeah! Hell no!
    that was unexpected.
    I am the biggest fucking wanker on the internet - Proven fact.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Powered by vBulletin™© contact@vbulletin.com vBulletin Solutions, Inc. 2011 All rights reserved.