Today’s Call: USD to rise vs. Euro. Currently 0.6981.
Rationale – Emergency meeting called in Luxembourg to presumably bail out Greece once again. Expected intervention to prop up the dollar under guise of bailing out Greece.
Result of Call for May 3, 2011: Avon Products (AVP) to fall. Was $30.91, Currently $29.04. Good Call.
Calls to Date: Good Calls: 13, Bad Calls: 10, Batting .565
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Today’s Call: Avon Products (AVP) to fall. Currently $30.91.
Rationale – Avon printed a tremendous earnings number today, anticipated effect of stock selling off on good news.
Result of Call for April 28, 2011: May 11 Soybeans to rise. Was 1350-2, Currently 1359-2. Good Call
Calls to Date: Good Calls: 11, Bad Calls: 9, Batting .550
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Fresh ideas on Economics, Monetary Theory, Politics, and Less Pressing but Equally Entertaining Matters for the English and Spanish speaking worlds
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