Friday, May 14, 2010

I give you the breach

http://online.wsj.com/mdc/public/npage/2_3051.html?mod=mdc_h_dtabnk&symb=CUR_EURUSD&sQuote=1
We just breached the lows of 2008/2009. No support below. I would guess we see 1.15 to 1.10 soonish.

Thursday, May 13, 2010

Wednesday, May 12, 2010

Monday, May 10, 2010

Make one move and the hostage dies....

http://ampedstatus.com/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states

Short Squeeze and Market crashes

http://www.businessinsider.com/euro-shock-and-awe-will-create-huge-short-squeeze-followed-by-air-pocket-and-market-collapse-2010-5

Timely. I agree with Mish here. Short term Euro do nothing to fix things. Just kick the can down the road