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Re: R-money post# 7719

Monday, 02/12/2007 7:26:11 AM

Monday, February 12, 2007 7:26:11 AM

Post# of 143047
R-money, Stocktrendsetter, & All, about that post...

There are many links to confirm why it could be viewed as dollar volume. However, below are some links to reflect why the $1 trillion or similar mentioned figures ($2.7 trillion in the CEO’s letter) could be viewed as Revenues, Income, Profit, or Earnings as it states in some articles.

I'm not trying to add confusion, but when it states $1 trillion per day in earnings, one can be led to think that such equates to $30 trillion in earnings per month. The dates are a little old as the totals for 2006 have not been confirmed just yet, although it’s expected to be greater to reflect the growth of the FOREX market. Consider below only as another way to maybe see things:

Revenues – Expenses = Earnings

“Earnings” is the term used in the articles below.

http://finance.bizhat.com/foreign_exchange.html
Foreign exchange market is also known as Forex or FX market. To date, it is the world's biggest "economic bazaar". FX produces an average of over $1 trillion daily earnings. That is 30 times more than combining all the volumes of America's equity markets. This currency market is where currencies are bought and sold.

http://www.egpa2005.com/the_basics_of_forex.php
Foreign exchange market is also known as Forex or FX market. To date, it is the world?s biggest ?economic bazaar?. FX produces an average of over $1 trillion daily earnings. That is 30 times more than combining all the volumes of America?s equity markets. This currency market is where currencies are bought and sold.

http://tradingsharesonline.com/articles.php?article=20
Foreign exchange market is also known as Forex or FX market. To date, it is the world’s biggest “economic bazaar”. FX produces an average of over $1 trillion daily earnings. That is 30 times more than combining all the volumes of America’s equity markets. This currency market is where currencies are bought and sold.

http://www.zicap.com/store/
Forex market, which is also known as FX market, is Foreign exchange market. Today, it is the world's biggest and most important "economic bazaar". FX produces an average of over 1 trillion $ daily earnings. That is 30 times more than combining all the volumes of USA's equity markets. In this currency exchange (Forex) market, currencies are bought and sold.

These currencies are traded in pairs, like "Euro and Yen", "US Dollar and Euro". Traders have many reasons why they opt to trade currencies. 5% daily profit received from governments and businesses that trade services and/or products in a different country or should change turnovers made in foreign currency into their local currency. The bulk of the profit, about 95%, goes to exchanging for revenues or assumption. This market is not easily influenced by external factors. It is a very liquid financial market too. In fact there is not another market that is more liquid then Forex market in the world. Money freely flows from this market since millions of dollars can get in and out of it each day. It is also considered liquid because traders can just open and close positions instantly. Maybe, this is the reason of people who likes Forex market so much.

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v/r
Sterling