News & Press Releases

Last week was all about Dubai and the debt restructuring, that scared investors. Indeed this was a story that remind investors how nations deal with credit and how capacity excesses are still in place.

Hristo Grivnev lider of the Bulgarian League and third at world level, thinks it makes sense to stay open to this possibility.

The Dow Jones Industrial Average and the SP 500 moved higher for the week, while the NASDAQ 100 moved lower. The dollar hold the 1.50 level against the euro, and some participants of the WTI seem to believe the US dollar could rally any time soon. Hristo Grivnev believes this could happen due to a risk event, and the bigger the event the more the dollar could rally.

The S&P finished up for a second straight week, and the Dow is at 10300. Is this confidence? Maybe not, maybe it is just the fact that a 10 year Treasury note can get you 3.45% yield and 30 years bonds pay 4.39%, which to regular investors look like really bad deals, because they are bound to lose money.

Many of you are watching with surprise as Mariusz Ganczar live World Top Investor account has grown... and grown... and grown, during the past 7 months. With the close of the market Friday, Mariusz's account, funded with only $5,000 on April 1st, 2009 for the Polish League of World Top Investor Championship, has ballooned to $93,850 . That's an increase of 1877%.

It was a good surprise to Mariusz Ganczar who was short the pound agains the dollar while it was going up. Averaging into his losing position he finished thursday with less 700% of his gains only to recover everything with the unexpected news and finish the week with profits of 1800%.

Mariusz Ganczar turned 1731% net profit since April first and he is currently leading the 2009/2010 World Top Investor competition with a huge difference from second Hristo Grivnev. Mariusz forex trading techniques on Polish crosses is impressive, and whenever we look at the graph account, we are reminded that successful trading is a long race.

Earnings season started last week in the US with Alcoa reporting a 75% drop in year over year earnings, but investors liked it because it beat analyst expectations. The week ended with another solid rally for the SPX higher by 4.5%.

Trading only 3 currency pairs: EUR/USD, USD/PLN and EUR/PLN.

The world League ranking of the world top investor had no change, but Mariusz Ganczar posted another incredible week adding 500% to his gains to a spectacular result of 1571%.

Mariusz continues to apply his own strategy based on immediate profit taking, prefering the Polish zlot against the euro or the dolar and closing positions at minimum profit level.

The euro has been in a range between 1.41 and 1.43 against the US dollar for the past 30 days with no direction. Mariuszc Ganczar took advantage of this situation in the past month, and unlike almost every pundit, who is claiming that they know what is going to happen to the world economy, Mariuscz only cares about trading.

According to contrarian participant Wei Wang of the World Top Investor, in order for stocks to top we need to see maximum optimism, with everyone and their brother fully aware that things can only go up.

The exuberance of the markets does not make it easier for investors, but WTI leader, Mariusz Ganczar, continues his success story with gains of 876%, using the same strategy of short term trades of Polish forex crosses.

But, is it possible that we will see any changes in the WTI rankings if the market corrects itself after the gains of recent weeks?