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WSOP Main Event - selling 20% (Sold Out)

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mylesfdo:
U the economics guru mate!!.....Id be waiting but I was just an fx broker jubbo!!

Could always look at buying option to sell £ at below 1.5x in say 3 months....prob cost u no more than £50 or so for £7-10k.....obv if goes up u dont exercise and if drops below 1.50 u itm!!.....think I worded that right!!

Joker161:
The latest:

Ger, 2% (paid)
Leigh, 2%
Myles, 2%
John, 2%
Glenn, 1.5%
Adam, 1%
Andy, 1%
And on 0.5% - Andy (paid), Phil (paid), Carl (paid), Paulie (paid), Shaz (paid), JP and Suzanne.

Any other takers?

Joker161:
The latest:

Ger, 2% (paid)
Leigh, 2%
Myles, 2%
John, 2%
Glenn, 1.5% (paid)
Adam, 1%
Andy G, 1%
And on 0.5% - Andy D (paid), Phil (paid), Carl (paid), Paulie (paid), Shaz (paid), JP (paid) and Suzanne.

Not loving the exchange rate drop. Pay up now, or wait?

Views?

mylesfdo:
Wait imo as surely will be resistance if it drops below 1.50 again

But what do I know?!!....was totally wrong above!!

dwh103:

--- Quote from: Joker161 on March 21, 2013, 08:55:32 AM ---
The latest:

Ger, 2% (paid)
Leigh, 2%
Myles, 2%
John, 2%
Glenn, 1.5% (paid)
Adam, 1%
Andy G, 1%
And on 0.5% - Andy D (paid), Phil (paid), Carl (paid), Paulie (paid), Shaz (paid), JP (paid) and Suzanne.

Not loving the exchange rate drop. Pay up now, or wait?

Views?

--- End quote ---


If the markets like the budget you may get a little bounce, but otherwise I would expect the trend to remain downwards in the short term.

But I"m not an investor, and I no longer work in investments so don"t follow things as much as I used to. So you may wish to ignore it all! Good luck :)

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