GREY:WFEMF - Post by User
Post by
mercurysmithon Jun 10, 2012 12:06am
351 Views
Post# 19996952
Timing of Events...
Timing of Events... The Greek election on June 17th is just before theJune 23rd deadline for IMC to complete dd. Woulfe s/p has closely followed the Venture market in recent months. If The Greece vote results with them staying in the Euro, then the Venture could make a Run upward, but an opposite election result will push the Venture market down. Good IMC news will likely push the s/p up. Between the cross-fires of the election news and the IMC news, various combined results could happen. Good IMC news is highly probable, so the Greece news is the big variable in the equation (Risk 101). It would be a nice time to have a crystal ball. I spent my last nickel going long with Woulfe, so my bias is for Greece to stay in the Euro zone, resulting in the perfect storm of the good news for the market and for Woulfe coming out at the same time., resulting in a nice rise in s/p.