FXE. Short the euro.

Posted on Mar 24, 2010 by in Letters

2010-03-24-fxeHere is an engraved invitation to either short the euro (FXE) or add on.

Almost too delicious — the flush and run and the nudge of the downtrend line.  We of course for our account went sideways.  Wrong.   Ironically the real Basing Point is the 16th at 137.53.  You can of course do this, but not as effectively, with UUP.  More on this later, in the meantime jump on this short and help sink Greece, the PIIGS and western civilization.

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