 | Soccer fans are only two games away from the Euro 2012 finals. Portugal and Spain play today while Italy will face the Germans on Thursday. The winner’s will play to claim the title of the “Best in Europe.”
It’s hard not to draw ironic parallels, as Thursday also marks the beginning of the EU summit to settle the economic score. The lay-up analogy was earlier in the week, when the “best” beat the “worst” as Germany topped Greece 4-2 to advance to the semi-finals.
If financial health translates to future soccer success, Germany should trounce Italy while Portugal and Spain will play an uninspired, poorly executed match that ends in a 0-0 tie.
While the US doesn’t compete in the Euro Soccer (truth be told, we’d get our butts kicked), we are the big player in the European financial game. In fact, the man of the match should be Ben Bernanke.
That’s right, because even though the US isn’t in this game, Ben Bernanke is the uber defender, stopper and goalie for all of Europe’s woes. Not only is the U.S. single largest source of money to the International Monetary Fund, we are the lender of last resort with continued dollar injections to the Eurozone.
Trade well and follow the trend, not the so-called “experts.” Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banking mafia.
larrylevin@tradingadvantage.com
Trading Advantage
(888) 755-3846  |  Larry Levin's Trading Advantage is a leading investment education firm that empowers traders to achieve and surpass their financial goals. More than 50,000 students have used Larry Levin's proven techniques for powerful results. |
Trading Signals from the Electronic (ES) mini-SP 500 - No “Secret” signals today.
- Algorithm positions (4)
- “Reading the Tape” positions (0)…combined Secret’s, Algo, & “Reading the Tape” total… -4.75
ES 1315.50 / 1307.00
POC... 1313.75
YM 12485 / 12407
NQ 2547.25 / 2533.75
| IMPORTANT NOTICE: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results. DAYTRADING involves high risks and YOU can LOSE a lot of money. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those talked about in our site. | |
| | | 
 |
This email was sent to ignoble.experiment@arconati.us by Trading Advantage
No comments:
Post a Comment
Keep a civil tongue.