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ronscarpa

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Everything posted by ronscarpa

  1. Hi Anne, Welcome to the DV Family. Lots of good information and many great people here (and some not so good info and a few cranks). Overall you'll have a good time. You have come in al almost the end of the journey for the IQD investment, so just hold tight, keep happy & a positive attitude, and wait for the announcements. Don't worry about rumors you hear or read - it WILL happen. Most of us believe God is in control, and all is in His timing. Be Blessed, RON
  2. Thanks Carla - a good post with Part 2...! No "thanks" button. RON
  3. Thanks SOLDIER4FREEDON for your post...! RON
  4. Maliki's still at it...! Too bad, because it can cause a delay/ Thanks Bumper...! RON
  5. (Continued from above) This is significant.... This is indication that the "market" sees something in the horizon that will cause the S&P to move higher... 19 billion in short positions covered in a single week...... Even though the fundamentals are indicating nuetrel to a down cylce... Even though the S&P is up 10% in March..... Follow the money.... (Thanks to Bulldog777 who brought this information to my attention) Capitulation: Biggest Weekly Spike In S&P Large Contracts On The CFTC In History - $19 Billion In Index Shorts Covered Submitted on 03/28/201021:34 -0500 The chart above is an indication of the net speculative contracts on the CFTC as disclosed by the weekly COT report. In particular, this tracks the S&P Large contracts (x 250). Last week saw the single biggest weekly short cover in the history of this data set, indicating one of several things: 1) some large fund(s) capitulated and covered a major short position, 2) the ongoing forced short buy-ins by the State Streets of the world have finally yielded results, 3)someone is positioning for a massive move higher in the market by going net long to neutral. The net weekly change in contracts of 66,043 is a record, and involves a staggering amount of capital: the money involved is 1,150x250x66,000 or roughly $19 billion. A weekly move of this magnitude was only ever seen once before, on March 24, 2009, when the government had to cement the bottom of the market following the 666 low. As the Large uses Open Outcry, it explains why we were getting numerous emails from pit traders indicating that Goldman was buying up billions worth of S&P Large. We let readers make up their own minds as to whether last week's record short covering surge is a cause to the recent melt up in the market, or an effect to an imminent spike in the S&P. ************************************************** ************************************************** *********************************************** February 25, 2010 8:16PM EST Market Headed To New Highs As Major Buyer Remains Active... "Mystery Buyer" surfaces yet again to buy the market aggressively in the face of major selling across the board. As we mentioned yesterday, this buyer has been extremely aggressive on the bid since SPY 107, showed up yesterday into the close as the market was about to roll over, and is clearly indicative of either someone with information and/or someone who just wants to take the market higher regardless of any fundamental news. This is a very powerful player in the market and you can actually watch them actively on the SPY bid using Level 2 and Last Sale. As we outlined yesterday, this is a buyer we absolutely need to respect due to the intensity and longevity of the buying pressure he exhibits, and because of today's action/signal we covered our short positions during the final hour for small gains and are now looking to get long as we believe this market is now headed higher...possibly to new highs. The type of action we've seen on this market pullback is extremely similar to the action we saw back in Feb-March 2007 when after a run from DOW 11,000 to 13,000 a severe sell-off in Chinese markets caused the DOW to drop over 400 points in a single day and brought in an enormous amount of shorts into the market believing the market had topped. A couple of months later the DOW was setting new highs and on its way to 14,000. During the course of that sell-off we continued to see a relentless buyer very much like what we are seeing now. Now fundamentally should this market be headed higher? Not in my opinion, but I respect the tape much more than fundamentals or technicals. The action we've seen over the past couple of weeks is clearly indicative of someone accumulating an enormous amount of SPY shares, and we know this is for a reason. Powerful players buying billions of dollars of SPYs or S&P futures over the course of several weeks do not place bets in the markets based on hunches, it is very much based on information or the sheer power to squeeze shorts and take the market higher. Today was a very strong signal that this buyer is relentless on the bid, and will probably be buying aggressively on each and every pullback...this is not the sort of action we like to see when we are holding short positions. Watch for a break of that 1110 level on the S&P, which as we outlined in yesterday'smarket summary is probably where this buyer wants to take the market. Last night in my postings to you I answered many of your questions and told you in one response that A and M were meeting to lay out the foundation for their newly elected government. Their work is not finished. Also……..M is still determined to be claimed the winner of power in the parliament seats. Some of Allawi’s party members have been arrested because M claimed them to be ………bad guys. IMO……..M lost the opportunity for his party members to be victorious. He is supposed to be working in harmony with Allawi’s new party members…….this way he can be appointed PM by the other parties. M reminds me of the guy who likes to hit his thumb more often with the hammer ……….than the nail. IMO……these activities only equal………delays. Our meeting with the political figure has been moved to Tuesday night. His wife is being medically treated in the US and a last minute adjustment to the schedule was made today. It will give us time to add additional constructive questions to the list. By the way our first question…..rate and date……..we do not expect an answer. But we expect this question to stimulate his inquiries so that he can better learn about what the CBI is doing to his currency. There is purpose in all of the questions. It was only supposed to last two weeks ………LOL! I told you to look yesterday and I’ll tell you today that the barrel of oil is $84.99. What did I tell you concerning $90 back in December? Last night was very successful with our guest WIGO. I saw all of your questions to him and am very pleased that he helped you with all of them. Based on all the phone calls and emails from yesterday and today……..I would say DD will be getting over 200 customers for the Utah office just from last night’s conversation. God bless you WIGO and Ali as you work together to help people exchange in Salt Lake City, UT. Finally………an article today says that the 2010 budget is having discord……..no kidding………..give us the rate and maybe they won’t. They say that 40% of the projects have already been started ………..but where’s the rate? I don’t know………I’m waiting for it too. One last thing………the Kurds are ready to annex their city’s vast oil wealth. That really smells like an article worth about ………….140. I have to go get ready for our dinner tonight. Please enjoy the articles that our newshounds tear apart for you because there were many good ones today. Thank you for my dad’s well wishes yesterday for his birthday. QUEST33……..yes ……….all of you at KTFMissions are my Family. Yes ………..as a father looks after his children…………so do I with you. My Christian love and Alohas. KTF, Frank __________________ Hebrews 11:1 Now faith is the substance of things hoped for, the evidence of things not seen.
  6. Good evening Family, Lets see…………..Just this year alone the CBI has put out one million articles saying that they are going to remove the 000’s from their currency. We know that this is the wrong move to make economically…….it would just lower the IQD’s value along with neutralizing it. What good does that do for a currency that is already lower than the belly of a snake? Logic says that it wants to have a growth …….not a regression. So we pretty much ignored the 000’s articles. We even customized them to say that they wanted to remove 000’s from the exchange rate ………not the dinar face value. IMO …………these million marching articles were………….a waste of time. They were created to communicate confusion and distrust……………but it did not work. I talk to many daily and not one said ……………I’m turning in my dinars because they are claiming to LOP……………NOT ONE! Now we see S coming out of the CBI saying …………000’s? We don’t need no stinking 0’s!…………LOL. All this time we have been given CBI experts interpretations of what they think is good for the IQD…….such as a LOP. Once again ……..rarely if ever take heed to what they say……..focus on what they do. They didn’t do anything did they………just talked up a storm. So today’s article once again tries defiantly to convince us of more deception. More lies………such as ……….Iraq is suffering from high inflation at the moment. NOT!!! Even their secondary lies do not support their first lies. Don’t pay attention to anything they say that leaves a negative thought on the reinstatement of their IQD. Iraq has been in single digits with inflation for a very long time now. All of this year and all of last. Well maybe January ’09 was in the double digits but I can’t remember. All I know is that for them to say they do not want to remove the 000’s because they are suffering with high inflation is simply not true. Hard to believe anything that comes out of the CBI. IMO………..we are used to this. Here is the article I was talking about. Date: Thu, Apr 1, 2010 at 10:42 AM Subject: Three zeroes on Iraqi currency won't be removed To: Three zeroes on Iraqi currency won't be removed: Three zeroes on Iraqi currency won't be removed: source Thursday, April 1st 2010 2:45 PM Thursday, April 1st 2010 2:45 PM Baghdad, April 1 (AKnews) - Iraq's central bank denied on Thursday the reports that talked about its decision to cancel three zeroes from the Iraqi currencey. The central bank will not cancel three zeroes from the Iraqi currency at this time to reduce inflation suffered by the Iraqi economy .... Canceling the zeroes will make things more complicated and would cost the state large sums of money and enormous economic cadres to implement this project. "The head of the Central Bank Sinan Al-Shabibi told the Independent National News Agency of Kurdistan (AKnews This won't be applied at our current time. The central bank and Finance ministry will adopt rational solutions to reduce inflation that Iraq is suffering from currently because some important governmental institutions misused the money," Al-Shabibi added. "Removing the zeros from the currency will reduce the level of the Iraqi dinar in accordance with the American dollar." Many members of the parliamentary Economic Commission urged the Central Bank and the Finance Ministry to address the Iraqi decreasing funds by removing the three zeroes from the Iraqi currency. http://translate.google.com/translat...w.comcast.net/ Family we have a team member that is paying close attention to movements on many different counters. Last night and this morning there were some interesting activities. When you call these sites and ask for an explanation they tell you that there was an error in their posting. Calculations were not being done and to please forgive the error. Yeah…..whatever. We should all be good little boys and girls and say thank you very much. Then call a market expert and ask their opinion. Below is a summation of the last 24 hr activity and the brokers opinion. Please enjoy: In looking at the market. We look at fluctuations. Markets will go up and down sporadically before a currency change will occur. In fact we know whales may have an opportunity. Please note the fluctuations below in the last three days FOREXPROS 3/30/10 IQD=1168 18:00hours 3/31/10 IQD= 1168.00 1400hours 3/31/10 IQD=59236.00 1500 hours 3/31/10 IQD=59236.00 1800 hours 3/31/10 IQD= 59236.00 2100 hours 3/31/10 IQD=59236.00 2400 hours 4/01/10 IQD=59236.00 0100 hours 4/01/10 IQD=59236.00 0300 hours 4/01/10 IQD=59236.00 0600 hours 4/01/10 IQD=59236.00 0605 hours 4/01/10 IQD=1146.25 0610 hours 4/01/10 IQD=1167.25 0915 hours Another site reflects differently but the same outcome: Danianet.com 3/31/10 1167/7305.00 IQD/USD 1800 hours 4/01/10 1167/7100.00 IQD/USD 0600 hours 4/01/10 1167/73.25 IQD/USD 0900 hours The reflection above shows someone somewhere was trying to say something. The fact that it dipped from toilet paper to already used TP and then after so many hours moved up a little is indeed interesting. Now if we would talk to someone who works with markets they would say it is a force of hands meaning the value of IRAQ's worth for approximately 14 hours was where someone could steal it and they could essentially wake up to nothing. Family……..BRASS is working on another side of the market. Tonight I have been invited to have dinner with FERGIE and ROSIE and BLESSEDMA1. I will not be able to answer your questions tonight. But I want you to read the following and get a good understanding of what is going on with the S&P. Then if you wish to discuss this ……..please ask BRASS any question that you want on this subject. I told him to be ready to help you tonight. Please enjoy. Continued Below
  7. Carla, Thanks for a great 2-Part post. Very useful and understandable. RON
  8. Thanks Woody - an informative & interesting post. RON
  9. Thanks Bumper...I assume we will actually find out what this all means within a few weeks.
  10. Thanks Woody. What are they actually saying...??? No removal of large denom notes right now...??? Another article indicated that the New NIQD's will be worth 1000 times more. All a bit confusing - or is it really? IT IS April Fools DAY...! RON
  11. DaisyRN - We pray for the Peace of God to cover you, for the Love of God to keep you, and the Power of God to stregnthen & enable you during this difficult and stressful time. We pray for the Healing Grace of God to wash over your aunt to heal, stregnthen and restore your aunt - and that she will live every day God prepared for her to live in peace and comfort. God bless you. In His Love & Service, RON
  12. Very bold statements underlined below in this recent news article. Take a look! Posted on 31 March 2010. (Modified) It’s generally accepted internationally that the elections in Iraq were, in the main, free and fair, but former prime minister Ayad Allawi’s narrow margin of victory means the results will be challenged. Prime Minister Nouri al- Maliki’s Shiite Muslim State of Law alliance filed a complaint on Tuesday with the Supreme Court, asking for a recount in several areas. When the dust settles, the Sadrist Iraqi National Alliance (INA) could be the kingmaker, having secured a strong third place. Meanwhile, plans to re-base the Iraqi currency, the dinar, appear to be going ahead, but the exact timing of the change is still to be decided. The new dinar will be worth one thousand times the old one, which will help facilitate trade and foreign exchange, but will be otherwise neutral in terms of valuation. While the local currency has gained in value in recent years, the planned increase in petroleum production, and the expected boom that this will create in the domestic economy, have led many to speculate that the dinar will continue to strengthen. The dinar is already becoming more acceptable and credible as a means of exchange; mobile phone operator Asiacell just announced that it will change its tariffs and billing from dollars to dinars. And as AAIB’s Rob Edwards reports, his company will write insurance policies in either currency. Where do you think the dinar is headed? We’d welcome your opinions in the comments section below. Analysis: If this is true, this is the boldest news statement I have see in the past year on the Iraqi Dinar. They mention about “1000 times the amount of the old” value, which is saying that the dinar will increase at least 1000% compared to it’s current value! The old news articles just mentioned that they will drop three zeros off. I also like seeing that the wireless company (Asiacell) is only using dinars and the AAIB insurance company is writing policies in dinars. That’s is saying something! They know that the dinar is going to revalue. They wouldn’t do this if they didn’t have confidence in the dinar revaluing. Great news IMO my friends. But, we are still waiting to hear the reasoning for the delay past the April 1st date and why. The UNSC meeting on April 15th should hopefully give us more information. We need to stay focused on the facts they are giving us. http://www.iraq-businessnews.com/?s=elections&x=16&y=7
  13. It states US$1 = 59,236 IQD Somehow, I think this is someone playing a joke for April Fools Day. JMO The Euro to IQD is: 1 Euro = 1574 IQD, the same rate as before. Something Interesting.... Divide 59,236 by 25,000 (Large IQD note) anf you get 2.36944 a nice number for an RV - Maybe someone GOOFED...??? RON
  14. Something interesting...!!! If you divide the 59,236 by 25,000 (large note) you will get 2.36944 and I had posted that I thought the IQD might RV at 2.47 to 2.65 - Who knows...! Did someone goof??? RON
  15. Somehow, I think this is someone playing a joke for April Fools Day. JMO The Euro to IQD is 1 Euro = 1574 IQD, the same rate as before. RON
  16. This is how I responded Family……………. Greetings Family, I stopped in to try to explain to you that this is IMO.........simply a one to one article. Also take note that it is one man's opinion. Lastly.......what they are talking about is the value of the IQD. If you consider one million dinars costing about 850.00 then times 1000 would equal 850,000 USD. This is a .85 cent rate. Nothing new about this article except the first paragraph. I told you last week that there are only 5 people left on the other side of the CBI door that know when the announcement will be made. That's what the paragraph says. This article is cocky enough to say that the rate will be .85 or 1:1. They don't know the date ........but 5 do and they don't know the rate.......because it's not going to be any 1:1 or below !!! Does the newly elected parliament need to be seated before an RI can be announced? IMO…….no……..but it wouldn’t hurt. Obviously you want to have organization before you make any announcement. But I don’t think it’s a prerequisite overall. I must also say that I don’t believe we will have an announcement before they convene. So let’s pay close attention to see if there is any indication of them opening their first session. By the way…….the 2010 budget was passed I believe Feb. 11th and it was in the Gazette so they are using a rate unknown to us. If they are still using the 1170 many projects will have to be cancelled with this newly elected parliament. Interesting…….political promises being broken after an election……..I pray not. If they are using the 3.208 that they say is 20% undervalued of the rate they actually want to use ……..then that would be quite a surprise. I still cannot find the rate for the 2010 budget. That would be serious intel. I told you to look at the barrel of oil yesterday. Take a look at it again today ! The world economies are paralyzed perfusing such a minimal amount of oil usage by their countries that I can’t help but to wonder ……..why does the barrel keep rising………weekly? So I asked and this is what I wish to tell you………start looking for HCL and 140 articles. In fact start looking at the articles that came out today saying that O is in love with the idea of offshore oil drilling. Can you imagine how Alaska must be feeling about this……..especially with their economy? Polar bears are doing back flips……….prematurely. Oil makes the world go around Family. It is the most powerful commodity on this planet. Look around you……..I don’t care what you see…………oil was needed to make it. From the makeup on your face……..to the vitamins that you take……they are all oil based derivatives. We never allowed the dinosaurs to go extinct! Anyways……..sorry Alaska you did not vote for O. You voted for P. Congratulations Virginia on your soon to be revived economy as they look for oil off your shores. Why not……….we know who you voted for. Yes………oil makes a lot of things go round and round. Happy Birthday to my dad and my appreciation for those that expressed the same to him throughout yesterday and today. I really want to share those scenario questions with you Family ……..have faith….they are coming. I feel that they are important to review. another site is scheduled to join us tonight to answer your questions about the Utah office that he will run with Ali. I will continue to bring in managers that Ali has selected for his offices as time goes by. Please enjoy your fellowship tonight as hundreds of you extend the hand of friendship in so many beautiful ways. I am very impressed at the power of prayer that comes from KTFM when called upon by those in need. I read all of your posts every day and have noticed a pattern of these prayer successes ………it’s simply amazing! There are so many finding the love of God and returning to their churches. Some of you have made it a quest to find a church to worship at. It is what we teach ……….and I am proud to see it happening. A great percentage of you are letting go of the need for intel. Instead you are reaching out for the Christian love that you are finding among us. You are ready for the RI……….and now you ready yourself to help God. I am very proud of this. I once did a teaching about a woman who had a great need to touch the robe of Jesus. I invite you Family……..to take my hand as I lead you to Jesus so that together we can reach out…………and touch His Robe. My Christian love and Alohas. KTF, Frank __________________ Hebrews 11:1 Now faith is the substance of things hoped for, the evidence of things not seen.
  17. Good evening Family, I wanted to take a second to recognize the individuals I have not been able to response back to. I do my very best to return ALL phone calls placed to me daily. It’s the PM’s and e-mails that seem to be failing many. My admins have told me that some of you are trying to get to me via them. I want you all to know that I appreciate each and everyone of your attempts to communicate with me. From the man that wants to make a commercial with me, Ali and DD to the many missionaries that want to share their ideas for God’s work…………….Know that I am very aware of you. I am keeping files with 1000’s of your stories. When the blessing comes …………find me …………or I will find you! Family …………..I have company today………….BLESSEDMA1 and her beautiful daughter. She is here training ROSIE and FERGIE as our new mods. So forgive me as I give you some quick spot checking instead of intel. Besides my intel was only to review the 1st……18th and 24th. First of all………….I want to share with you the questions that we will be presenting tomorrow night to a political figure from Iraq. Our team will be having dinner with him and God willing this will be an ongoing process for the next three weeks. Once we are given permission to identify this individual we will. Until then these are the questions we considered prudent to present. I would welcome any of your questions that you would like to present to this person. Do not pm them to me just put them in your postings tonight. These are the 7 questions we are presenting. 1.) We believe only 5 people know the rate that will be released soon for the IQD. Does he have the ability to ask these 5 that are behind the CBI doors. We only know that Shabibi is one of the 5 people. It would be difficult for him to find the date but there is a good chance that they might tell him the rate. We believe this to be an RI of 3.22 according to the Minister Of Planning Report from Sept. '09. The report stated this accepted rate was 20% off the actual rate they will use. Which means they wish to use an RV rate of 3.86. 2.) Does he have an idea when parliament will open their first session with the newly elected officials? Allawi seems to favor an RI/RV. We believe he will release the new rate when he has all of his party members seated. 3.) In his opinion have conditions concerning corruption improved in the political and military environments of Iraq in the last 7 years? If it has improved........it would allow advancement in their infrastructure with less delays in the process. 4.) They have major projects for 2010 . Everything from building apartments and homes to the construction of malls. How are they going to pay for this with a currency at 1170? Especially when their government runs and finances these projects and not by some outside investors. 5.) Iraq produces 2 1/2 million barrels of oil a day. The Kurds say that they will be producing 200 thousand barrels of oil by the end of the year. The Kurds are willing to combine their oil with the rest of Iraq's so only 300 thousand extra barrels would make Iraq's daily oil production over 3 million per day. This can easily be accomplished by the end of the year. In his opinion does he think this is a very low estimate compared to what will actually be by the end of the year? 6.) Are you seeing a lot of foreign investment companies coming into Iraq? It is important because their money would help the private sectors. Iraq would then have better buying power. If so Sir..........are the Iraqi citizens being employed or will these future jobs be for foreign nationalists? The creation of jobs for your people will place the weak IQD in their hands. Allowing them to exchange it within themselves which will only add trust and stability to this highly devalued IQD. 7.) Sir in your opinion do you feel confident enough to tell the coalition force to pull back into the Green Zone? SOFA removed us in January '10 but your elections recruited us back into the field of protection. Your people want your leadership and protection to come from our government not from the rest of the world. LOI……..they tell no lie…….LOL. 90% of the time when you see a bulldog in someone’s backyard……it’s usually not there to adorn the landscape. He has a purpose. A mission to protect. IMF is a funny name for a bulldog isn’t it? Yet……..that’s what they have been for our investment Family. Okay……..maybe not for us. But for the future of Iraq’s currency. The CBI/GOI has done many things required that will allow them to raise the value of the IQD. I am paying attention to the LOI that is being sent to the IMF for many reasons. Are they asking permission to raise the value? I once said how dare you CBI ask for something ……….that you haven’t earned? Would you ask for your diploma in your first semester as a freshman in college? If there is jail time……..it has to be served before they give you the keys to your shackles. It did not take the eye of a hawk to notice so much of the rod that was spared against Iraq in the last year. Yes Family I would like to see an LOI going to the IMF once again from the CBI/GOI. So my team looks for it. Below is a link explaining procedures of LOI and Iraq’s requirements to earn one. http://www.imf.org/external/pubs/ft/aa/aa08.htm Articles are like chameleons right now…… some make us blue and some make us turn red in the face! LAUREN called me today and said we needed an article to find because it was causing some confusion. Below is the posting and right underneath it is my response to it. Back in the days of iif I was known as KTF@.86 . About two weeks later I had info from oil contacts that told me this would not be the case. I then dedicated myself to an area code of 3.86. This would be the RV. I expect an RI at 3.22 that will eventually become the RV of 3.86……..in a very short span of time. Give it to FOREX ………..and then give it a few weeks. Anyways……..this article is nothing more but a repeat of a 1:1 concept. In this case……..it was even less than $1. I do not believe in this rate but wanted to explain the article once again. Quote: Originally Posted by angelquest http://www.iraq-businessnews.com/?s=elections&x=16&y=7 What’s Ahead for the Iraqi Dinar? Posted on 31 March 2010. Tags: Blog, Election It’s generally accepted internationally that the elections in Iraq were, in the main, free and fair, but former prime minister Ayad Allawi’s narrow margin of victory means the results will be challenged. Prime Minister Nouri al- Maliki’s Shiite Muslim State of Law alliance filed a complaint on Tuesday with the Supreme Court, asking for a recount in several areas. When the dust settles, the Sadrist Iraqi National Alliance (INA) could be the kingmaker, having secured a strong third place. Meanwhile, plans to re-base the Iraqi currency, the dinar, appear to be going ahead, but the exact timing of the change is still to be decided. The new dinar will be worth one thousand times the old one, which will help facilitate trade and foreign exchange, but will be otherwise neutral in terms of valuation. While the local currency has gained in value in recent years, the planned increase in petroleum production, and the expected boom that this will create in the domestic economy, have led many to speculate that the dinar will continue to strengthen. The dinar is already becoming more acceptable and credible as a means of exchange; mobile phone operator Asiacell just announced that it will change its tariffs and billing from dollars to dinars. And as AAIB’s Rob Edwards reports, his company will write insurance policies in either currency. Okay question...if it is at .008 x 1000= $8.00?????any thoughts? THANKS This is how I responded Family…………….
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