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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
yes, ezone can make EFSF AAA. but for how long? PIIGS, we solve G, I bond yield just raise 0.5%.
it is qe3 rally, better data will smash this rally in weeks!
british not pigs!
when the English see hey haircut works they have only one chaoice: join the common currency.
Of course, before that they must adopt to right side drive.
But then you know....I have a mortgage I am not willing to pay interest... haircut.
I need a second Ferrari but have no cash... no problem buy it and..haircut.
They will learn to love it.
Serieously that haircut thing will not work. Has never worked.
my concerns still here....
voluntary acceptance of haircut will strike back soon.
Ireland already hastened to ensure no we are not going for a haircut ...Don Berlusconi just smiled and said nothing.
Imo the EUR story will go on for another say 20 days and then kaboom. Be prepared. Classic options are best to handle that.
EURUSD short 1420 AUDUSD short 10714 USDJPY long 7587 all alive and well