Seeking Alpha
  • murcilp640
    FXE is not going to go past 130.5, it will hit 125 and below by the end of the week. The italian bond auction (jan 26) is a killer
    1/19/12
    Reply (10)
    • Native Texan: I hope for my short positin your right. Pundits are calling for $1.32 on a short squeeze, alleging that that's what's happening now.
      1/19/12
    • Josh Krause: Bond auction won't have any impact. Europe is fixed. Didn't you get the memo. Euro can only be a reason to rally.
      1/19/12
    • murcilp640: and the Fed is not going to come out with QE3 right now, there is no reason too. Even if the hits 132 I will be shorting/putting.
      1/19/12
    • murcilp640: Precious metals are extremely weak also, It would be a great opportunity to short silver or gold before the FOMC meeting
      1/19/12
    • Native Texan: If we haven't hit the target range of 1250-1270 by $1.32, we'll suddenly & amazingly docouple from the EUR/USD again, like last wk.
      1/19/12
    • Josh Krause: 1250-1270 or 1350-1370? You are saying down while the Euro rallies? So far Euro rally = SPY rally and Euro down = SPY rally
      1/19/12
    • Stun57: Anticipating the liquidity now fixing EUR should soon flow to metals. Will this EURO QE restore confidence or devalue FXE?
      1/19/12
    • murcilp640: Euro QE will bring the Euro's value down. to KK, Euro will go down, Spy should dip but it will continue to go up. I Agree
      1/20/12
    • murcilp640: Precious Metals are weak, I think silver will hit the 20's and the Euro will hit 123 to 125, and then we will see a rebound in the
      1/20/12
    • murcilp640: EUR/USD and Precious metals
      1/20/12