letsmakemoney

Economic Crisis: Good Luck Europe, You'll Need It

Great article. An aggressive way to trade this weakening euro theme is by buying DRR (FD: I'm long as of yesterday). My belief is that the $/Euro level goes back to parity, or 1.0 (down from the current 1.27 level), DRR should theoretically provide 2x this % move, or 2 x 21.25% = 42.50%. I think this happens by year end.

Seeking Alpha has a good currency ETF/ETN guide:
seekingalpha.com/artic...