Friday, November 07, 2008

This Day in 2007: "Pop Icons Go 'All In' the Euro Trade"

This post was first published on November 7, 2007:

Gisele Dumps Ben



Is Jay-Z Signaling a Recession? (Thanks, Missy)



Two of the most important popular icons of our day have now gone "all-in" the long Euro trade (aka, short dollars).

Trades just don't get any more contrarian than my long dollars call. And to me, the Euro now looks like an irresistable short sale on virtually every time frame:




So I'm sticking to my guns.