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Author Topic: US Dollar  (Read 9847 times)
matt674
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« Reply #15 on: March 10, 2009, 10:58:48 PM »

i will have approximately $10000 to sell this time next friday








































(hopefully!) Cheesy
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Claw75
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« Reply #16 on: March 10, 2009, 11:12:51 PM »

i will have approximately $7000 to sell this time next friday

FYP - you can stake me in this before you sell the rest!! Cheesy

http://blondepoker.com/forum/index.php?topic=40581.0
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StuartHopkin
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« Reply #17 on: March 10, 2009, 11:30:13 PM »

Unless someone shoots Alistair Darling it will be going down for the considerable future!
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outragous76
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« Reply #18 on: March 11, 2009, 09:36:29 AM »

putting a positive spin on all this - at least if you have a roll on line its value is going up and winning means more!?!?!?!!?!

ok so it sucks - but will be nice to ship a WSOP seat this year if the intention is to cash out!
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Karabiner
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« Reply #19 on: March 11, 2009, 09:49:08 AM »

putting a positive spin on all this - at least if you have a roll on line its value is going up and winning means more!?!?!?!!?!

ok so it sucks - but will be nice to ship a WSOP seat this year if the intention is to cash out!

Exactamundo
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AndrewT
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« Reply #20 on: March 11, 2009, 09:51:33 AM »

Is it just total guesswork basically

That's basically how financial markets work.
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dousche
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« Reply #21 on: March 11, 2009, 02:33:36 PM »

Is it just total guesswork basically

That's basically how financial markets work.

in theory it should be a random walk (ie equal probabilities of going up and down) because of arbitrage agents buying/selling as soon as info comes out that suggests differently. in practice, info isnt perfect and it takes a bit of time for info to be dispersed through the system. however, any info you get from reading the paper or watching the news is not enough to give you an edge on what the big money movers are doing - they have more info so will make better decisions so you have no idea if its going up or down. id buy just before i go and sell as soon as i get back to attempt to avoid massive swings
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Karabiner
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« Reply #22 on: March 11, 2009, 06:34:46 PM »

Buying low and selling high is a rather good modus operandum.
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RichEO
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« Reply #23 on: March 11, 2009, 07:54:51 PM »

Buying low and selling high is a rather good modus operandum.

2-1 hey ralph, 
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mondatoo
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« Reply #24 on: March 25, 2009, 09:10:47 PM »

So the dollar has went up a bit over the last week i'm thinking of buying a big chunk of what i'm going to take over with me in next day or so,would/are people doing the same or would you just wait and see.Also what's the best way of doing it travel agent/online ?? Cheers
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phatomch
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« Reply #25 on: March 25, 2009, 09:31:06 PM »

i went to bnk today to pick up thai money and had a look and they are selling $ travelers cheques at £1-$1.39
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cdw1111
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« Reply #26 on: March 26, 2009, 01:20:35 PM »

Has anyone used Crowncurrency exchange,offering a good rate if you buy now collect June been searching for horror stories but they look legit.Just worried that if they go busto i will lose the lot.
  any opinions?
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« Reply #27 on: March 27, 2009, 01:25:02 PM »

i'm in the same boat, I am gonna use them for the end of May at 1.5 for half the money I need just in case they go busto! Seem to have been trading for 5-6 years and good reviews on tripadvisor!
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RichEO
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« Reply #28 on: March 28, 2009, 02:37:39 PM »

Just got back from vegas. A friend has about $5k to sell at spot rate if anyone wants it this week or next. Based in Manchester, or probs DTD next week.
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WSOPaduki
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« Reply #29 on: March 28, 2009, 02:38:30 PM »

Here's a thought, if you've got a neteller account.

Deposit now onto pokerstars. Todays rate is £1 = $1.43 then when you're near departure date, transfer to Neteller (I think they transfer at whatever the rate is with no commision) then withdraw english £ from Neteller and transfer to $ using bank of some sort.

That way if the rate goes down from now until the time you go, you'll already have compensated for the difference. Basically locking in todays rate. Obviously the down side is if the rate goes up.

That theory sounds good in my head.

Any thoughts
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