Friday, September 26, 2008

Hey,

2 Things today!

First, its still a rare season with the $700 BILLION TARA (Troubled Asset Relief Act) bailout. We wonder where the U.S. is going to get money they don't have and how much are they going to pay for these "Troubled Assets" because the key issue here is if they pay "current" market rate for troubled assets like defaulting debt, then the market will not be kick-started. If they pay too much, then the people with defaulting debt notes will actually profit. So, the magic sweet spot is in the price they pay for the defaulting debt.

Hence, no Core Trading. Stay out. Stay safe. Enjoy Yourself.

Second, we are starting a Graduates Forum together with a Newbie Forex Education portal.

I find that there is so much nonsense online, getting people to try out Forex at such high leverage levels and burning their pockets.

I wanted a space where our graduates can learn from each other, as well as contribute in the "Newbie" forex space as a gift to the community.

When we teach, we get better at what we do. As you know, i truly believe that we do not live alone as selfish people, but instead a community that helps in growing the world to a better place.

So, the forum is here: http://www.forexdrivingschool.com/ ... Can guess why thats the name?

We are building it up with the internal computer work.

I am also looking for volunteers!!!!!! Add comment / email me/ register than PM me, if you want to support as a moderator or administrator or topic specialist (even if you are not an FFR grad, point me to your other posts in other forums. Has to be responsible in helping forummers grow.)

So, sign up now online as we build.




cheers,


winston


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