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Tuesday, June 9, 2009

Jim Rogers On CNBC- I Have No Shorts

By Alejandro garcia

For the majority of his career, Jim Rogers has had both long and short positions. As of this interview, this is one of the few times Jim Rogers does not have a short position. Among the reasons for Jim not having any shorts is a possible currency crisis and thus should avoid shorting the market. Rogers typically holds both long and short positions, but his perception of global currencies' instability has led him to pull out all his shorts, he said. The last time he can remember doing so was before the market fiasco in 1987. Among other things Jim Rogers continues to be "wildly" bullish on China, "wildly" bullish on commodities. Specifically, Jim likes Silver over Gold, Natural Gas and Cotton.

The latest CNBC interview comes a day after Jim was interviewed by the Economic Times, in which he states how the type of Chinese companies he likes to invest in. Jim Rogers prefers Chinese companies that do little to no business in western economies that are going through economic hardship and thus are able to thrive in the Chinese economy.

"I would suspect that somewhere along the line...someone's going to say, 'I'm going to start selling mine before everybody else does,'" Rogers said. "That's when you have a currency crisis." But instead of pouring money into stocks, Rogers said investors should turn toward commodities. This sector will lead the recovery if the global economy improves, and if it doesn't, they'll still be the best place because of inflation, he said.

The latest CNBC interview comes a day after Jim was interviewed by the Economic Times, in which he states how the type of Chinese companies he likes to invest in. Jim Rogers prefers Chinese companies that do little to no business in western economies that are going through economic hardship and thus are able to thrive in the Chinese economy.

If you sell to Wal-Mart in the US and if you are a Chinese supplier you know there is a problem. And you are going to be suffering. Any company that deals with the West is going to have problems. On the other hand, companies that are in the water-treatment business in Asia will care less if the West disappears. They are too busy making money, too busy going to work everyday. - 23208

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My Thoughts On Maverick Money Makers

By Jack Nayes

Hello and welcome to this page today. In this article I'm going to be discussing a product called maverick money makers which I'm sure you have probably seen advertised if you frequent and make money sites.

The maverick money makers club has been around for a little while now and it has many members. It was created by a guy called Mach Michaels.

In this article today I'll be giving a few of my thoughts about maverick money makers on the things I like and dislike about it.

Ive been making a living from the internet for a few years now and have become very good at it. Since I came online Ive seen thousands of products come and go. The bad ones dont stick around for long.

Firstly Ill say that there has been some controversy about the maverick money makers program because some people say that they are teaching blackhat methods.

However I've looked through all of the content and there is only a very small section that is even remotely blackhat or unethical.

The thing that amazes me about maverick money makers is the amount of new content and methods that they are loading into the members area. From what Ive seen its all good information.

My advise is that because there is new content being added regularly you should try extra hard to focus.

One thing on your mind may be, how good is the support? In my opinion the support is excellent and when I once had a simple question I got a reply back from support after around 20 minutes.

In my opinion the only problem you may find about the program is that as there is so much info you may feel overloaded.

The best advise I can give you in regards to this is that you should go through all the content when you first join and see what interests you the most. Then apply what you learn with all your efforts.

The maverick money makers club is the real deal and has some excellent methods and information. Just make sure you use the information you find there. - 23208

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Foreign Exchange in Spain

By Alan ZE Redman

There are a number of countries in Europe whose currency is the Euro, and Spain is one amongst them. Therefore, if you intend to travel to Spain, you would have to, at some point or the other, convert your money into Euros.

Spain has adopted the use for the Euro for around seven years, and this is good for people who also intend to travel to other countries in Europe which also use the Euro simply because the travelers then do not have to change currency in every new country they visit.

However, there are now a lesser number of places where you can exchange your money.

On the other hand, even if you haven't exchanged your local currency into Euros before entering Spain, you can always to so after you enter Spain. It is also important that you check the conversion rates before travelling because the ongoing economy does result fluctuations fairly often.

Once is Spain, it isn't necessary that you go to a bank for exchanging your money. There are scores of resorts that know that visitors to the country often need their money to be exchanged into Euros.

They thereby provide the facility of exchanging foreign currency into Euros. However, the exchange rates that these places offer tend to be slightly higher than they are elsewhere.

Banks in Spain are known to offer the best rates in Foreign exchange, and are fairly easy to find.

The downside of using banks for Foreign exchange is that you would have to present them with I.D, have some paper work to fill out, and might not have an English speaking bank employee to deal with.

In travelling abroad one has the option of using cash, travelers' checks, or credit cards. The option that you choose is one that you should be comfortable with, as different people tend to use different options. - 23208

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Become a Forex Expert With the MetaTrader 4 Platform

By Richard U. Olson

MetaTrader 4 is a web-based trading platform which designed for the use of futures traders, CFD and Forex traders. MetaTrader 4 offers the convenience of an online interface for trading from the administration and support to the trading itself. MetaTrader 4 is a comprehensive trading platform.

MetaTrader 4 also makes it possible for you to get involved in the potentially very lucrative Forex market--the currency exchange trading market. The platform allows you to access EAs (Expert Advisors) and use automated trading programs. Indeed, some software created on this platform allows you to set up a "Forex robot" to do all of your trading for you day and night, buying and selling and placing stop-loss orders according to your preprogrammed specifications.

You can gain insight into the hidden patterns of the market when using this platform, whether you are an investor, broker or a Forex trader.

The market analysis tools included with MetaTrader 4 use mathematical models of the market's past behavior to accurately predict future market behavior and give you insight into the market trends which can mean large profits for you.

Since history repeats itself constantly this platform is programmed to understand how everything works. This includes the consideration of how economic, political and psychological events move the market, discovering trends present in the market and then dictates the movement of prices, historical information and human psychology.

Market analysis is about much more than timing. MetaTrader 4 makes the (correct) assumption that there is always a profit to be made - it is just a matter of finding that opportunity at any given time. All you need is accurate information and a well thought out trading strategy.

For instance, this platform can be used to analyze support and resistance in order to take profits. If buyers can be called "bulls" and sellers can be called "bears", then "support" is defined as a place in an asset's price movement where the buyers assume control of the price and don't let it fall lower; and "resistance" is defined as that point where sellers take command of the asset's price and won't let it get any higher. An analysis of an asset's trading history can reveal the "rhythm" of its price trends and fluctuations--letting you capitalize when the time is just right and make big profits.

MetaTrader 4 also allows you to take advantage of other financial market principles including: supply and demand; traders' remorse; trendlines; moving averages; Andrew's Pitchfork; accumulation and distribution; and the money flow index (MFI) among many others.

The Forex market is one of the most potentially profitable trading venues in existence. However, you do need to take in and understand a lot of information in order to be successful in Forex trading. Comprehensive market analysis and a basic understanding of economics is a must. Having software which can help you to simplify the complexities involved is something which should be at least considered by anyone who hopes to make a successful career in currency trading. - 23208

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It Is Not Too Late To Profit From High Volatility

By Chris Blanchet

For investors who survived the past two years, it will not be much of a surprise to learn that market volatility, as measured by the Chicago Board Options Exchange, has risen from a modest 16 to a little over 79, the highest level ever reached.

To put that number into perspective, consider that after September 11, the index reached 33. Now, in the 30 range, the market seems subdued! Overall, however, 30 remains a high number as far as volatility is concerned and this is where many investors stand to profit.

For the individual investor, the first thing that needs to happen is to strip away the emotion from the investment. This is challenging, however, and for good reason. Most investors have worked extremely hard to build a nest egg, and watching a volatile market eat it up without providing any tangible benefits is extremely difficult to stomach. One solution is trading software, which is a lot like a money manager in that it does not know or care how many hours or sacrifices one had to make in order to save such a nest egg.

The next thing the investor needs is an understanding of volatility. Although Yahoo! Finance provides a neat graphical image (enter "^VIX" in the quote box), it does not give a definition to the term. Simply put, volatility is rate of change in the deviation from the mean. This means that the higher volatility, the more rapidly a price will wander from its mean price.

The last thing an investor needs to do is tame the beast known as greed. This is a difficult thing to do since short term returns give us a taste of just how much we might make if we stay invested just a little longer for just a little more money. By using trading software, investors are better able to remove the emotion since the software will study concrete factors like volatility, moving averages, momentum, and so on whereas investors study the profit and potential for more.

To summarize, taking emotion out of the investment equation and relying on technical measurements that give strong probabilities as to the direction of a stock, traders can use volatility to profit. Used properly, a trading system can assist with the emotional side of a trade and can provide strong signals for entry and exit points. - 23208

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