On Thu, 1 May 2008 14:57:09 -0700, "NoSpam" <fake@[EMAIL PROTECTED]
>
wrote:
>
>"Hatunen" <hatunen@[EMAIL PROTECTED]
> wrote in message
>news:pbsj14ld7ql41t40vtrqfrb616b0mddgir@[EMAIL PROTECTED]
>> On Wed, 30 Apr 2008 17:03:21 -0700 (PDT), Jose
>> <pablo31@[EMAIL PROTECTED]
> wrote:
>>
>>>RTT News, NY - 1 hour ago
>>>4/30/2008 3:02:30 PM The dollar plunged to a multi-day low against
>>>the
>>>Mexican peso as Fed cuts interest rate by 25 basis points. At about
>>>3:00 pm ET, ...
>>>
>>>http://www.rttnews.com/FOREX/Currency_mkt.asp?date=04/30/2008&item=105
>>
>> It's pretty bad when re****ters call a drop from 10.5510 to
>> 10.4620 a *plunge*; it's only a change of 0.8%.
>
>If you had 50,000 pesos. (50,000 + (50000 * .008)) = 50,400 is
>more than you get flipping burgers for 6 hrs. Plus if you used puts
>and calls you would only have to lay out 5000 pesos. Not a bad return.
>(5000/5400) = .9% in one day.
>
>Instead of dicking around with a dictionary you ought to expand your
>reading.
Nothing you posted describes a "plunge".
--
************* DAVE HATUNEN (hatunen@[EMAIL PROTECTED]
) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
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