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EURUSD just broke below its 50-day moving average...
and slid to 3-week lows... running stops to 1.1130.
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What part of ALL fiat will die don't people understand?
I love the term "key support" like it's a real thing instead of the croupiers call to place your bets......
+100 best comment today!
Should make Berettas, Sig Sauer, H&K, Walther, CZ, FN, Tamfoglio, Perdersoii, and the fugly Gloickenspiel less expensive.
Nahhhh... Never will happen..
And did I ever tell you mooks what I think of Glocks?
https://www.youtube.com/watch?v=UTEswkc4lPs
https://www.youtube.com/watch?v=iQYep23-onw
good one knuckledragger........hehehehe.......
That's exactly what it is, and exactly why it is what it is. Doesn't change the fact it still is...
Comparing one POS currency (EUR) to another POS currency (USD) has always struck me as odd.
Like comparing drug addicted (debt) bankrupt brothers.
As opposed to other material/wealth decisions that are made on a purely absolute basis instead of a relative one?
Someone explain to me how losing Greece from the EU makes the Euro move lower?
If every country in the EU departed the Euro but Germany the Euro would trade at $2 and German industry would be fucked.
Let's face it, Germany needs the rest of Europe to be a basket case so they can sell their manufactured goods cheaply.
You'll never make it on Wall St. with that attitude.... ;-)
And he'll never have lunch again in THIS town!
no lunch today for him at the Waldorf B&B with Steve Liesman
GREED
HOPE
FEAR
OK Knuckleheads, guess which one is at play now?
Investing/Stockbroker 101 stuff.
The EUR - backed by shit, representing a mosh pit of shit-economic countries - and Germany
The USD - mightiest bully on the block (The MIC), biggest motherfucker, largesse, fat people...with guns.
Hello....
Parity and below....Greece is Kabuki Preamble for the shared shit of the EURO, VS. THE US BULLIES.
CLASS DISMISSED....
Somewhere Mark 2 Market is furiously writing his next "Bullish Dollar" article.
I'm a buyer of FXE puts right here.
Parity, baby...