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Sunday Morning Guru Opinions @ 10:10 AM CST - 3/29/2020

ronscarpa
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ronscarpa Grand Master

ronscarpa

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3-29-2020   Newshound Guru Jeff   ...Let's say Iraq were to change the rate on Sunday April 12th.  Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th.  Let's say the rate were to change on the 12th.  "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning.  That would be after the rate change.  My point is, if the rate were to change on Sunday the 12th, the rate would change while the ISX is still closed...

 

3-27-2020   Newshound Guru Jeff  ...without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said "latest update 3-16"...the last stock trade occurred on 3-16 and it has been shut down since 3-17...[Guru] Pimpy was 100% incorrect  [Reference Guru Pimpy's post on 3-27-2020] .  The stock market is not open. It is shut down and it's going to remain shut down until Saturday April Saturday April 11th.  Reopening on the 12th...REPOSTED FOR ABOVE.

 

:tiphat:

Edited by ronscarpa
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