Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 322.34

+1.1%

Jan 23 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kushi Kullar who wrote (46401)	5/8/2001 2:41:45 AM
From: Sam Citron	Read Replies (1) of 70976

Kushi, The most direct way of speculating on the fall of the dollar against the Euro is to go to a commodities broker and tell her you want to buy a Euro futures contract. Such contracts are traded on the MidAmerica commodities exchange. cbot.com The symbol is XG followed by the delivery month. For example, June 2001 delivery is XGM, September is XGU, December is XGZ. March 2002 is XGH, If you are adept at technical analysis and examine the chart at page 6 in the following chartbook, you may find some confirmation for your thesis: cbot.com Caveat: If you are new to commodities, you need to be aware that you are buying on only about 5 to 10% margin, so a $5,000 initial investment may buy you $50,000 to $100,000 worth of Euros. This will have the effect of multiplying both your gains and your losses and means, of course, that you can lose much more money than you initially invest. Good luck! Sam

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next