Free insight into my outlook on the US market and where to position yourself. My techniques have nothing to do with technical analysis. I use supply and demand, socionomics, human psychology, and even the subconcious (I'll explain), and common sense. We're a growing population with a voracious appetite of destruction against our environment. Supply Versus Demand. Finite Resources Will Infinitely go Up in value as countries fight for scarce resources.
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Thursday, February 3, 2011
Short the Euro Symbol: EUO
My first post is going to be simple. The Euro is going to show weakness in the coming year. Spain and Portugal aren't out of the muck. Spain reported over 20% unemployment. The economy is on a sugar high right now and reality will set in soon with a correction. I suggest playing EUO. Its an inverse 200% ETF. This means that you are betting the Euro will go down in value. I'm in @ 18.80. If the Euro shows strength and it goes below $18.25, I'm doubling up.
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