Sold the euro. Good trade. Still short.

Posted on Dec 19, 2009 by WHC Bassetti in Letters

Though not into hype or chest beating (except when about to grab a jungle vine and swing with Jane) the euro trade deserves to be recalled.  We bought UUP which is a way to play it -- more or less like taking a shower in a raincoat.  Had this been done in the FX markets ....

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