Thursday, January 26, 2012

Euro rate

EUR-USD           1.3147    +0.31%
Comment: I don't remember how many times we warned here about going short on the euro when the crowd cried that the euro would fall below 1.20 and it seemed as if it was only I to say that soon it would go over 1.30 again. No mercy for those who are stupid enough to follow the crowd and fall victim to propaganda - sometimes their own propaganda.

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