Shorting the Euro. - GoFuckYourself.com

heymatty · 05-05-2010, 09:41 AM

Wow this thing is sure tanking hard.

Barefootsies · 05-05-2010, 09:41 AM

Yeah, I heard that last night.

heymatty · 05-05-2010, 09:49 AM

It made me happy when I woke up

Wish I'd got up a bit earlier slept through all the retrace too.

Machete_ · 05-05-2010, 10:05 AM

Germany is bailing out Greece right now.

Then it's Portugal, Spain, Italy, and so on.

hjnet · 05-05-2010, 10:12 AM

Fantastic, thank you Greece

Dreamteam · 05-05-2010, 10:34 AM

Cool ...

I receive a lot more euros for the same amount of dollars ;)

Hope the euro drops a lot more ... 1 - 1 would be cool

Ethersync · 05-05-2010, 10:46 AM

Quote:

Originally Posted by Dreamteam

1 - 1 would be cool

There is a good chance of that...

Konkan · 05-05-2010, 11:43 AM

That would be so gooooooooooood

Tasty1 · 05-05-2010, 12:25 PM

Good and bad.
Holidays more expensive, but Europe will export more.
More jobs here, less jobs in the usa.

I just bought some call options (long), next week i go in the put options (short).

heymatty · 05-05-2010, 12:32 PM

I just went long on the Euro see if I can catch a 20pip retrace. Then its back to short

seeandsee · 05-05-2010, 12:34 PM

this is somehow good for me to, go USA go

Jarmusch · 05-05-2010, 12:36 PM

A dollar is worth around 3 more euro cents.

I wouldn't call it 'taking hard'.

LoveSandra · 05-05-2010, 01:05 PM

Quote:

Originally Posted by Dreamteam

Cool ...

I receive a lot more euros for the same amount of dollars ;)

Hope the euro drops a lot more ... 1 - 1 would be cool

Ethersync · 05-05-2010, 01:12 PM

Quote:

Originally Posted by Jarmusch

A dollar is worth around 3 more euro cents.

I wouldn't call it 'taking hard'.

Well, the Wall Street Journal calls the decline "shocking" and "violent"...

Quote:

Euro?s Drop ?Very Shocking? and ?Violent?

Yikes. The European common currency is getting thrashed Wednesday, bumping up against the $1.28 level earlier, amid all the uncertainty about the European credit crisis. The euro is down about 0.8% against the dollar at last glance ? a sizable move in the massive currency markets. It?s down 1.2% against the Japanese yen, another safe haven currency.

http://blogs.wsj.com/marketbeat/2010...g-and-violent/

Tasty1 · 05-05-2010, 02:49 PM

The Wallstreet Journal is afraid the dollar drops again

Klen · 05-05-2010, 02:57 PM

I would love to see one day 1 dollar for 1 euro.

Tasty1 · 05-05-2010, 03:39 PM

I read that analytics in The Netherlands think it is a complot against the euro so the USA can hide their bankruptcy.

Waarom lachen ze graag de eurolanden uit?
“De problemen in Griekenland en Spanje vallen in het niet in vergelijking met de financiële problemen in de Verenigde Staten, Japan en Groot-Brittannië. Wacht maar tot het daar echt mis gaat."

Why do they like to laugh about the euro countries?
"The problems in Greece and Spain are nothing compared to the financial problems in the US, Japan and England. Wait till hell breaks loose there.

In theory the USA can't even pay their bills. The debt is more than 100% of the national income. Almost all countries are facing bankruptcy, except China. Russia also has no big problems, they went bankrupt 3 times the last 100 years.

As said by a dutch analyst, predicting the real problems with countries will start in the USA (again).

Ethersync · 05-05-2010, 04:09 PM

Quote:

Originally Posted by airholland

I read that analytics in The Netherlands think it is a complot against the euro so the USA can hide their bankruptcy.

Waarom lachen ze graag de eurolanden uit?
?De problemen in Griekenland en Spanje vallen in het niet in vergelijking met de financiële problemen in de Verenigde Staten, Japan en Groot-Brittannië. Wacht maar tot het daar echt mis gaat."

Why do they like to laugh about the euro countries?
"The problems in Greece and Spain are nothing compared to the financial problems in the US, Japan and England. Wait till hell breaks loose there.

In theory the USA can't even pay their bills. The debt is more than 100% of the national income. Almost all countries are facing bankruptcy, except China. Russia also has no big problems, they went bankrupt 3 times the last 100 years.

As said by a dutch analyst, predicting the real problems with countries will start in the USA (again).

Whatever analyst you are quoting is a fool.

There are huge structural problems in Europe and specifically the EMU. These problems are not caused by the US. The Euro is a fatally flawed currency. Do you have even the slighted clue what is happening right now? There is so much ignorance in your post I don't even know where to start.

Tasty1 · 05-05-2010, 04:32 PM

Quote:

Originally Posted by Ethersync

Whatever analyst you are quoting is a fool.

There are huge structural problems in Europe and specifically the EMU. These problems are not caused by the US. The Euro is a fatally flawed currency. Do you have even the slighted clue what is happening right now? There is so much ignorance in your post I don't even know where to start.

I quote a analyst as you can see.

It may be big problems, the problems are bigger in the us.
How much feedback can you give over these few lines

Our banks lost billions in America, it is the dutch bankers own fault, but it started in the us.
We 'll see what last longer, the dollar, the new Amero, the euro or our original guilder.

Ethersync · 05-05-2010, 06:27 PM

Quote:

Originally Posted by airholland

I quote a analyst as you can see.

It may be big problems, the problems are bigger in the us.
How much feedback can you give over these few lines

Our banks lost billions in America, it is the dutch bankers own fault, but it started in the us.
We 'll see what last longer, the dollar, the new Amero, the euro or our original guilder.

This is what German Chancellor Angela Merkel said today to German parliament in effort to get them to approve bailing out Greece: "Nothing less than the future of Europe is at stake. The happy tale of German history since World War Two and our emergence as a free, united, and strong country cannot be separated from the European Union. We owe decades of peace and prosperity to the understanding of our neighbours. Europe today is looking to Germany. As the strongest economy in Europe, Germany has a special responsibility and it takes this responsibility to heart. Immediate help is needed to ensure the financial stability of the eurozone. This must be done to avoid a chain-reaction to the European and international financial system, and contagion to other eurozone states. There is no alternative."

Did she make any mention there of the US being the cause of this problem? No, because the US is not to blame for this mess.

The chart below will give you an idea of the problem.

Mr. Romance · 05-05-2010, 06:36 PM

watch it here http://www.xe.com . The situation in Greece is tanking it and there are other big countries to follow from what I am seeing on the news.

Mr. Romance

Tasty1 · 05-05-2010, 06:45 PM

Interesting, but that is nothing new. A lot of countries do it that way.
It is al based on trust. And it started somewhere, this is not a new crisis, but the same.
We spent al our money on banks, so there is much less to spent now. It is a chain reaction.

There is always an alternative, they can set the greece out of the eu.
That might be cheaper than paying for their problems.
They can print more money.

Ofcourse Merkel choose those words. The german don't want to pay if it is not really necessary. And if there is no financial help, the German loose all the money they already lent the Greece.

Best is to have euro/dollars/yens to stay save.

05-05-2010, 09:41 AM	#1
heymatty Confirmed User Join Date: Oct 2001 Location: Scottsdale :) Posts: 2,188	Shorting the Euro. Wow this thing is sure tanking hard. __________________ Cashlantis ~ Black Book Cash

05-05-2010, 09:41 AM	#2
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Yeah, I heard that last night. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

05-05-2010, 09:49 AM	#3
heymatty Confirmed User Join Date: Oct 2001 Location: Scottsdale :) Posts: 2,188	It made me happy when I woke up Wish I'd got up a bit earlier slept through all the retrace too. __________________ Cashlantis ~ Black Book Cash

05-05-2010, 11:43 AM	#8
Konkan Confirmed User Industry Role: Join Date: Jun 2008 Posts: 3,537	That would be so gooooooooooood __________________ Only one affiliate program for Pussy and Cash

05-05-2010, 12:25 PM	#9
Tasty1 Bla bla blaa Industry Role: Join Date: Jan 2005 Location: South-America Posts: 9,514	Good and bad. Holidays more expensive, but Europe will export more. More jobs here, less jobs in the usa. I just bought some call options (long), next week i go in the put options (short). Last edited by Tasty1; 05-05-2010 at 12:28 PM..

05-05-2010, 10:05 AM	#4
Machete_ WINNING! Industry Role: Join Date: Oct 2002 Posts: 14,579	Germany is bailing out Greece right now. Then it's Portugal, Spain, Italy, and so on.

05-05-2010, 10:12 AM	#5
hjnet Confirmed User Join Date: May 2002 Location: European Union Posts: 3,815	Fantastic, thank you Greece

05-05-2010, 10:34 AM	#6
Dreamteam Confirmed User Join Date: Feb 2010 Posts: 472	Cool ... I receive a lot more euros for the same amount of dollars ;) Hope the euro drops a lot more ... 1 - 1 would be cool

05-05-2010, 12:32 PM	#10
heymatty Confirmed User Join Date: Oct 2001 Location: Scottsdale :) Posts: 2,188	I just went long on the Euro see if I can catch a 20pip retrace. Then its back to short __________________ Cashlantis ~ Black Book Cash

05-05-2010, 12:34 PM	#11
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	this is somehow good for me to, go USA go __________________ BUY MY SIG - 50$/Year Contact here

05-05-2010, 12:36 PM	#12
Jarmusch Industry Role: Join Date: May 2003 Posts: 12,469	A dollar is worth around 3 more euro cents. I wouldn't call it 'taking hard'.

05-05-2010, 02:49 PM	#15
Tasty1 Bla bla blaa Industry Role: Join Date: Jan 2005 Location: South-America Posts: 9,514	The Wallstreet Journal is afraid the dollar drops again

05-05-2010, 02:57 PM	#16
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	I would love to see one day 1 dollar for 1 euro.

05-05-2010, 03:39 PM	#17
Tasty1 Bla bla blaa Industry Role: Join Date: Jan 2005 Location: South-America Posts: 9,514	I read that analytics in The Netherlands think it is a complot against the euro so the USA can hide their bankruptcy. Waarom lachen ze graag de eurolanden uit? “De problemen in Griekenland en Spanje vallen in het niet in vergelijking met de financiële problemen in de Verenigde Staten, Japan en Groot-Brittannië. Wacht maar tot het daar echt mis gaat." Why do they like to laugh about the euro countries? "The problems in Greece and Spain are nothing compared to the financial problems in the US, Japan and England. Wait till hell breaks loose there. In theory the USA can't even pay their bills. The debt is more than 100% of the national income. Almost all countries are facing bankruptcy, except China. Russia also has no big problems, they went bankrupt 3 times the last 100 years. As said by a dutch analyst, predicting the real problems with countries will start in the USA (again). Last edited by Tasty1; 05-05-2010 at 03:40 PM..

05-05-2010, 06:36 PM	#21
Mr. Romance The Face of Romance and the Symbol of Freedom Join Date: Mar 2005 Location: The America's Posts: 7,821	watch it here http://www.xe.com . The situation in Greece is tanking it and there are other big countries to follow from what I am seeing on the news. Mr. Romance __________________ Free Leads Program now paying up to $6 Gerard-Director of Global Sales Sign up Here: CamStarCash Check out: FreeCamStars ICQ: 330 662 299 gerard at freecamstars . com

05-05-2010, 06:45 PM	#22
Tasty1 Bla bla blaa Industry Role: Join Date: Jan 2005 Location: South-America Posts: 9,514	Interesting, but that is nothing new. A lot of countries do it that way. It is al based on trust. And it started somewhere, this is not a new crisis, but the same. We spent al our money on banks, so there is much less to spent now. It is a chain reaction. There is always an alternative, they can set the greece out of the eu. That might be cheaper than paying for their problems. They can print more money. Ofcourse Merkel choose those words. The german don't want to pay if it is not really necessary. And if there is no financial help, the German loose all the money they already lent the Greece. Best is to have euro/dollars/yens to stay save.