Anyone been able to take advantage of the recent madness in Egypt/Middle-East?

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billcurry

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With all the craziness going on in the Middle-East recently, I was wondering if anyone has been able to make a profit from it. I think it would be a good time to go long on crude oil.
 
Crude down about $1.50 today. Longer term it's probably going to near $100 but I wouldn't hold weekend positions with all the unrest.

Happy Trading :)

Peter
 
Renting out camels for cavalry charges.
Bottles for Molotov cocktails.
Surgical dressings.
Sutures.
Do-it-youself knife sharpening.
The list is endless.
 
I think the best bet is getting those biro pens that have some water and a little slidey thing on the end. then do them with cleopatra in and out of the bath.
 
Sold € figured there would be some risk aversion going on. Felt a bit immoral doing it though.
 
Well, the Molotov Indicator suggests a buy on crude oil; I noticed the 4 day average rate of molotov cocktails crossed over the 8 day average rate of molotov cocktails. That said, it is a lagging indicator.
 
shadowninja said:
Well, the Molotov Indicator suggests a buy on crude oil; I noticed the 4 day average rate of molotov cocktails crossed over the 8 day average rate of molotov cocktails. That said, it is a lagging indicator.
Click to expand...

:LOL:
Probably better than most economic or TA indicators!

Peter
 
Rumours were that Mubarak's thugs were getting free KFC all day yesterday..
 
Can one of the ethical FX traders explain to me what a currency crisis is?
 
Black Swan said:
IMO trading FX is completely ethical, trading commodities isn't (even at our *retail* level).
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I know my position makes no difference to the real outcome, but hoping that things turn ugly and so on to help my position makes me question my morals.
 
Masquerade said:
I know my position makes no difference to the real outcome, but hoping that things turn ugly and so on to help my position makes me question my morals.
Click to expand...

Yes. I wonder how many FX traders sold the Yen when Japan had its credit rating downgraded, was this an 'ethical' trade? What about buying gold as a hedge? A hedge against what exactly?
 
new_trader said:
Yes. I wonder how many FX traders sold the Yen when Japan had its credit rating downgraded, was this an 'ethical' trade? What about buying gold as a hedge? A hedge against what exactly?
Click to expand...

When it comes to speculating on money, anything goes. If you're betting on people hurting each other and dying then it becomes another thing.
 
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