It was a dramatic 2 weeks for Helder Jorge Silva with a few bad trades in oil and US index, making him drop from first to third place in the world rankings. Paweł Olchawa from Poland is now confortably in the lead with two accounts in first and second places trading only forex.
Last week was a surprise week in the markets, after an agreement was reach with Grece. Hot money was flowing into stocks and out of gold. With gold breaking below 1500 usd and going to a new six week low at 1480, while the Dow who plunged 165 points during a brief span last week, recovered more than 500, to close the week at 12582. After seven weeks of declines, the SP500 has seen the largest weekly surge since March 2009.
All based on a barring vote in Greece and a French plan to rollover Greek debt. The reaction in the markets shows that it is Europe's banks and policy makers that are being rescued and not Grece. Meanwhile the Greek story will fade into the background until the next time.