Fun and games with the euro –FXE
Interesting. Today's WSJ documents some canny trading by Goldman Sachs and Citi in the euro. We have marked their reported trades on the chart. These trades are a memorial to…
Technical Analysis of Stock Trends
Interesting. Today's WSJ documents some canny trading by Goldman Sachs and Citi in the euro. We have marked their reported trades on the chart. These trades are a memorial to…
Like everyone else in the world we are expecting a downwave -- or a correction, or a retracement or a wipeout-- call it what you will. Unlike everyone else in…
Don't ask us why, because we never worry about why, but the expected downwave has not yet materialized, and, in fact a number of issues we watch are breaking out: …
Here 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…
As readers know, we sternly inveigh against rash speculation, gambling and other forms of non-Lutheran fun. Prudent readers should just be content to beat the market with the indices and…