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Catching up to Friday afternoon's big losses in the U.S., Europe closes sharply lower, the Stoxx...

  • Monday, November 5, 2012, 11:46 AM ET
    Catching up to Friday afternoon's big losses in the U.S., Europe closes sharply lower, the Stoxx 50 -1.1%, led by Spain -1.9%. The euro -0.4% to $1.2788. It's a 2-month low for the currency as Medley Advisors - its clients likely short euros and looking to cover - says the ECB is considering a December rate cut.
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  •  
    FINALLY back to BE on DRR & EUO, boy, that took long enough. For me, shorting the E$ has been the most profitable trade so far this year, and I presume, it's growth will continue. I got back in a bit ago @ 1.2795 and now I am back in the green. 1st trade was a honey, and I think this will be another...

    Capt. Brian
    The Lost Navigator

    SHORT THE EURO$
    5 Nov 2012, 11:57 AM Reply Like
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