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I'd like to publicly apologize to Mitch Huhem. I made some assumptions about his knowledge and involvement in this company. As it turns out, he got out of this as soon as he figured out what was happening.
This company is toast.
What happened? Can you summarize?
Is he on to something else?
If you guys truly want to educate yourselves, read this guys work. He had a few trillion under management back in the day. China hired him. Other countries hired him. The CIA wanted his computer models (they were many times accurate to the DAY...predicted years in advance) and he refused to hand them over. They trumped up charges and held him in contempt of court for years before they finally convicted him of something. He's out of prison and rebuilding his models. Read this first page. He's the most brilliant economist ever. http://armstrongeconomics.com/
Thanks for clearing that up for me. LOL
You have got to be f***ing kidding me. LOLOL
Gotcha. I haven't taken the time to follow everything lately. Nothing really changing long term. This is a short term bump at best. Thanks brother.
Entered the EUR/USD on Feb. 20th at 1.3232. Son of a buck is getting close to break even. Stop loss is at 1.3445. I'm not watching the news much. Anything happening fundamentally that would cause strength?
I find myself getting impatient at times. It should do what we already know it's going to do and do it quickly. I prefer instant gratification where possible. LOL
We're testing the 65 week moving average as resistance yet again on the EUR/USD. Stochastics and MACD are both headed up. If this pair doesn't have enough to break up through the 65 week ma with these indicators moving up, that'll be a good sign of technical weakness which, of course, lines up with the fundamentals. We should see a move down if/when we fail to break this resistance level.
Shit Glancy. You're suppose to make the eur go down.
Dollar losing reserve currency status? Crazy. We're not losing reserve status anytime soon. http://hosted.ap.org/dynamic/stories/U/US_FOREIGN_HOLDINGS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-04-15-09-07-09
I agree Glancy. Folks talk about hyperinflation because of the 3 trillion printed by the Fed. I say no freakin' way we see hyperinflation. They'd have to print 6 trillion just to make up for the amount of money (i.e. debt) that contracted during this downturn. Strong dollar ahead.
900-million-says-euro-crashes-in-2-weeks-put-trade-rocks-london-options-market
http://beforeitsnews.com/international/2013/03/900-million-says-euro-crashes-in-2-weeks-put-trade-rocks-london-options-market-2454160.html
Too bad there's no like button. Good post. I can't say I disagree with anything. Onwards and downwards with the euro!!
The Cypress riots should really get our EUR/USD short trade going nicely. Up 336 pips since Feb 20th. Hang with it for the long term (a few years) and we should see parity between the euro and the dollar. Nothing but overall strong dollar ahead ladies and gentlemen.
Bad events for other countries equals good for the dollar. Any thoughts/contrary opinions? All thoughts welcomed.
C'mon man....DROP!
Right on brother. I expect that'll be a recurring theme for months to come. Strengthening dollar.
Hey Glancy!! Long time no type brother. I hope the FX market has treated you kindly in my absense. :)
I went long the dollar on the 20th against the Euro. It broke down through the 65 week moving average. It ought to be a nice one although rocky at times. What are you looking at right now? Are you still pretty short term...with your cat like reflexes and all? :)
Hey Cap! The dollar's days as a bearish trade are coming to an end. I'm glad you've made money in the meantime!
Just remember...the Fed is pumping dollars into the system but the velocity of money is pretty low. Also, in order for the dollar to collapse/weaken, there must be a place for it to go. Where? There's nowhere in the world for the massive capital to park itself except the dollar. There's also the stock market as investors shift from public to private investments as confidence is lost in our governments. What do they need in order to invest in the market? The dollar! Even though things seem pretty bad here, they're much worse elsewhere. There simply is no replacement for the dollar...even now.
Also, the majority is ALWAYS wrong. ALWAYS. In fact, the majority provides the fuel for the counter-move. I've always been a trend investor looking for thousands of pips over several months. I don't look at today or tomorrow. I look at next year. I haven't entered anything yet but when I do, I don't mind short term losses when my horizon is several months.
Look for the dollar to strengthen relative to other currencies over the coming months/years, especially in times of uncertainty.
I see major volatility on the horizon for stocks. That's good for the spread trades. I think I'll transfer some money back into the forex account to capitalize on the coming trends in currencies. I see the dollar strengthening in a major way in the coming months/years.
I'm a long time poster...haven't posted in awhile.been on IHUB since 2001. You're looking for free forex training. Rather than free...I thought perhaps you'd like to make some money and pay for some of the training online. It's definitely worth it.
As for the link...my wife doesn't make much...but it's an extra $80 to $240 per day and it's not one of those scams where you have to pay money to get involved. If it doesn't seem helpful, feel free to ignore it. I know I ignored it until my wife started bringing in money. HA!
Gator--go here: http://www.onlinepaydaysystem.net/elderwolf
Gosh dangit excel...you still posting here? LOL!!
Uhhh...the company officers and these paid promoters.
Because this is a pump and dump.
I officially do not have any ties to this company any longer. I will not be keeping track as I believe this company is a complete waste of time. In my opinion, they will be bankrupt financially in the not too distant future.
Best, MW
In talking with Mitch...without breaking any confidences...the bottom line is Mitch decided to break away from RGNA on his own accord. I was disappointed to see him get involved in the first place. I'm glad to see him go.
Good to hear it. I hope they can pull out of the hole they dug for themselves with the whole FDA fiasco. Is Mitch Huhem still involved?
Allrighty then. I'm lame.
Make it a great day brother.
That's a pretty big assumption and a pretty broad statement. I actually care about quite a bit. I have a better attitude than most. I just don't particularly care about this. I'm mainly watching because I helped start One Step Millionaire and then stepped away. Waiting to see how it turns out.
Yep...a bold statement from a bold guy. I am fully aware of the company's official statement to the FDA. I'm not getting in the middle of anything. Just consider me a passive observer. I own no stock.
I really don't have first hand knowledge of whether or not the company is in shambles. I do know first hand they were recently dealt a HUGE blow.
Here's what I know for sure:
1. Their 4 top producers resigned because they found out the company lied when saying they didn't know the controlled substance was in the pills.
2. You cannot have an effective pill without a controlled substance.
3. An exception to #2 above is if you have a constant, regular supply of a natural herb called horny goat weed. Getting a regular supply of this is next to impossible.
End of what I know for sure. They will likely switch their focus to the diet pills (you and I both know the diet pill industry is mostly a scam). I'm not saying regeneca will be a diet pill scam company but it definitely leans in that direction in my opinion.
Another thing I know for sure is you cannot rely on anyone involved in the mlm aspect of things to be unbiased. I'm sure they mean well but their motives are usually tied to making money in the mlm without concern to having a balanced view of things. (Again...these are usually good people with sometimes poor judgement).
The company can allow anyone to sell rule 144 shares at any time. They can pick and choose.
His statements are accurate for the most part. Maybe the company can salvage what's left. It's not impossible for sure. But this company has definitely hit a big bump in the road.
Yes...the company has completely fallen apart. They're trying to salvage things. Maybe they'll do it but their 4 top distributors resigned when they found out the company INTENTIONALLY put the controlled substance in the pills. The pills will not be effective without it.
Mitch Huhem also received 50 million shares but I'm unsure of the terms.
I wasn't involved with the mlm until the very last. I was Mitch Huhem's ops manager from Oct. 2010 until Feb 2011. I paid the money to get into the mlm because one of the legs was being built for me by big time mlm guys. The intent was to sell it for $5K or so after a few months. I never talked to a single friend about joining the business as it seemed like a farce to me. I'm not into MLM's at all and will never join another. I make enough money without having to scam people into a thinly disguised pyramid scheme. Mitch Huhem is a slime ball but I didn't figure that out until after I worked with him for 5 months and even then I didn't fully realize how much he screws people over. He's about making money no matter what.
I'm really hoping the rapture doesn't come until after Nascar in Phoenix this November.