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A SHORT LIVED RECOVERY ?

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Re: A SHORT LIVED RECOVERY ?

Postby Londonrake » Tue Mar 31, 2020 9:21 am

OK. Which one of you shmucks tipped the Footsie off that I’d gotten out? :( :lol:
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Re: A SHORT LIVED RECOVERY ?

Postby erolz66 » Tue Mar 31, 2020 9:37 am

Londonrake wrote:OK. Which one of you shmucks tipped the Footsie off that I’d gotten out? :( :lol:


Work out on this chart where you bought and where you sold and I think you can see you have done ok ? Regretting what you did not make, after the fact, seems to me a not good outlook ?

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Re: A SHORT LIVED RECOVERY ?

Postby Londonrake » Tue Mar 31, 2020 9:41 am

Yes, I was just joking and of course trying to stay ahead of the curve can do your head in.

I agree, short of somebody declaring a proven, easily manufacturable cure I can’t see much reason for optimism in the trend.
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Thu Apr 02, 2020 8:03 pm

miltiades wrote:You know as much about currencies as you do on every thing else
Fuck all.
Go to historical currencies and check out.
On Jan 29th 2020 it traded at same level as now
Check it out stupid.



How is THE MIGHTY EURO doing against your Jan 29th measure today CoCo...? :lol:

The MIGHTY STERLING seems to be up a bit, no...? :wink:
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Fri Apr 03, 2020 12:23 am

cyprusgrump wrote:
miltiades wrote:You know as much about currencies as you do on every thing else
Fuck all.
Go to historical currencies and check out.
On Jan 29th 2020 it traded at same level as now
Check it out stupid.



How is THE MIGHTY EURO doing against your Jan 29th measure today CoCo...? :lol:

The MIGHTY STERLING seems to be up a bit, no...? :wink:

Arsehole, you know little about currency trading, well you know little or nothing about ....nothing. Just as Sterling lost considerably after the referendum ? As a result of Brexshit, the Euro is under pressure noe because of Corona virus, billions of Euros lost ad a result of the lockdown. Stg isn't gaining much, remember after the December election it traded , MMR, at 1.205 to the MIGHTYEURO.
Some way to go yet, but remember by Mid June my forecast is 1 Euro to the pound.
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Fri Apr 03, 2020 1:03 am

Londonrake wrote:OK. Which one of you shmucks tipped the Footsie off that I’d gotten out? :( :lol:


Now is the time to keep buying. :wink:

Well I got no choice in the matter as I have compulsory payments into a fund which did take a hit but all my deposits now are just buying units or shares at a discounted price.

Once the curves start flattening or a vaccine is announced. it will all be back to normal.
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Fri Apr 03, 2020 1:07 am

miltiades wrote:
cyprusgrump wrote:
miltiades wrote:You know as much about currencies as you do on every thing else
Fuck all.
Go to historical currencies and check out.
On Jan 29th 2020 it traded at same level as now
Check it out stupid.



How is THE MIGHTY EURO doing against your Jan 29th measure today CoCo...? :lol:

The MIGHTY STERLING seems to be up a bit, no...? :wink:

Arsehole, you know little about currency trading, well you know little or nothing about ....nothing. Just as Sterling lost considerably after the referendum ? As a result of Brexshit, the Euro is under pressure noe because of Corona virus, billions of Euros lost ad a result of the lockdown. Stg isn't gaining much, remember after the December election it traded , MMR, at 1.205 to the MIGHTYEURO.
Some way to go yet, but remember by Mid June my forecast is 1 Euro to the pound.


Don't know about that Milti.

It seems the GBP is rallying against the EURO, or the EURO is crashing.

What's happening? Could it be all the uncertainty over ITALEX as the Italians just got fingered by the EU?

Poor Italy is going through what Greece and Cyprus went through. But what takes the cake is the economic terrorism against the UK.

https://www.xe.com/currencycharts/?from ... UR&view=1W
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Fri Apr 03, 2020 5:59 am

Just as Brexit caused a severe blow to Sterling so is Covid-19 affecting the Euro.Nobody can predict what the next few months will dictate. The whole world will face unprecedented financial difficulties. Just as in the rest of Europe Cyprus has come to a complete standstill. We can forget tourism this year, time to examine other areas and not be heavily dependant on tourism. Developers of sky high blocks with appartments offered at over 1.3 million euros and obviously not aimed at Cypriots but at Chinese and Russian millionaires will be particularly severely .....inconvenienced !! Hotels will undoubtedly suffer a great deal, perhaps its time to re examine their pricing where a 3 night stay can cost 1000 euros, a sum that most Cypriots do not earn in a month. Time to tighten your strings young ones !!
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Fri Apr 03, 2020 8:50 am

miltiades wrote:Just as Brexit caused a severe blow to Sterling so is Covid-19 affecting the Euro.Nobody can predict what the next few months will dictate. The whole world will face unprecedented financial difficulties. Just as in the rest of Europe Cyprus has come to a complete standstill. We can forget tourism this year, time to examine other areas and not be heavily dependant on tourism. Developers of sky high blocks with appartments offered at over 1.3 million euros and obviously not aimed at Cypriots but at Chinese and Russian millionaires will be particularly severely .....inconvenienced !! Hotels will undoubtedly suffer a great deal, perhaps its time to re examine their pricing where a 3 night stay can cost 1000 euros, a sum that most Cypriots do not earn in a month. Time to tighten your strings young ones !!



Lucky that Covid-19 isn't affecting the UK then eh...? :wink:
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Fri Apr 03, 2020 2:27 pm

miltiades wrote:
cyprusgrump wrote:
miltiades wrote:You know as much about currencies as you do on every thing else
Fuck all.
Go to historical currencies and check out.
On Jan 29th 2020 it traded at same level as now
Check it out stupid.



How is THE MIGHTY EURO doing against your Jan 29th measure today CoCo...? :lol:

The MIGHTY STERLING seems to be up a bit, no...? :wink:

Arsehole, you know little about currency trading, well you know little or nothing about ....nothing. Just as Sterling lost considerably after the referendum ? As a result of Brexshit, the Euro is under pressure noe because of Corona virus, billions of Euros lost ad a result of the lockdown. Stg isn't gaining much, remember after the December election it traded , MMR, at 1.205 to the MIGHTYEURO.
Some way to go yet, but remember by Mid June my forecast is 1 Euro to the pound.


So you admit that the EURO has China Virus then!
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