Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: THE ANT who wrote (73790)	6/4/2010 4:17:23 PM
From: Haim R. Branisteanu	of 74559

Thanks, I think for long term investing accumulate around those levels of today - the sentiment is very extreme bearish toward the EUR and even today with such weak employment number it just got hammered. Some time in the near future the shorts will need to cover and the rise will similary fast IMHO. See how low Germany budget deficit is -below 3% mostly thanks to the lower EUR. Message 26589122 EU is the biggest trading block with China and with the $ peg I think sooner than later China and the US will need to enter the markets and support the EUR Best would be after the US trade numbers will be released

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