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May 19, 2010

Germany issues naked short-selling ban

News of German regulator intervention is fuel for the fire of my short euro thesis. A view of the weekly chart shows that support is broken. And it’s a long way down.

Trader Art: Euro Weekly

Categories: Forex, currency, short selling, trading

2 Comments »

are we no longer in an uptrend…and does your “crash of 2009 delayed” happen in 2010?

Comment by A — May 19, 2010 @ 3:25 pm
The uptrend is over. This is the crash of 2010. It is happening. Rarely do markets set up this way. Volatility may become extremely expensive. We are glued to the screens. Feels like 1998 crisis. Or worse. Massive opportunity here. A legendary trade in the making.

Comment by Mr. Volatility — May 21, 2010 @ 2:17 am