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

[billcurry]

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.

 

[montmorencyt2w]

I think arms manufacturers are a BUY.

 

[wackypete2]

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

 

[new_trader]

I plan to go looting in downtown Cairo this weekend. I hope to get myself a 42" 3D TV!

 

[DashRiprock]

i went out was there ever a bloody press conference anyway?

 

[Mr. Charts]

Renting out camels for cavalry charges.
Bottles for Molotov cocktails.
Surgical dressings.
Sutures.
Do-it-youself knife sharpening.
The list is endless.

 

[DashRiprock]

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.

 

[Masquerade]

Sold € figured there would be some risk aversion going on. Felt a bit immoral doing it though.

 

[shadowninja]

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.

 

[meanreversion]

I've just booked an amazing holiday scuba diving at Sharm el Sheikh, got a great deal.

 

[Black Swan]

I've just booked an amazing holiday scuba diving at Sharm el Sheikh, got a great deal.

It's 5hit there, good luck with that, reminds me of the beauts who went to Florida after 9/11...

 

[wackypete2]

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.

Probably better than most economic or TA indicators!

Peter

 

[Black Swan]

Rumours were that Mubarak's thugs were getting free KFC all day yesterday..

 

[meanreversion]

It's 5hit there, good luck with that, reminds me of the beauts who went to Florida after 9/11...

I'm sure it'll be fine, the revolution will have died down and surely these critters aren't around any more?

http://www.bbc.co.uk/news/world-middle-east-11922032

 

[JRP2891]

Sold € figured there would be some risk aversion going on. Felt a bit immoral doing it though.

Come on!

 

[Black Swan]

Sold € figured there would be some risk aversion going on. Felt a bit immoral doing it though.

IMO trading FX is completely ethical, trading commodities isn't (even at our *retail* level).

 

[new_trader]

Can one of the ethical FX traders explain to me what a currency crisis is?

 

[Masquerade]

IMO trading FX is completely ethical, trading commodities isn't (even at our *retail* level).

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.

 

[new_trader]

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.

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?

 

[Masquerade]

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?

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.