Disliked{quote} Its interesting perhaps how so many of us underestimated Last Feds announcement.Now it looks lot of big guns were waiting to unload on cue. I am very curious how Sept shapes. If ECB goes with QE 1.25 Euro is not out of question (with USD interest rate hike almost guaranteed EU under 1.30)finally all the negative fundamentals can't be ignored anymore by EZ specially extreme high unemployment and lack of growth. In this context continued depreciation of Euro added Ukraine crises on top of it will drag GU lower as well.I am not ready to long...Ignored
This is longer term for me. I've been wanting to get into position trading for a very long time now. This is actually my first shot at it. ... lol
EDIT: LOL ... I need to wait longer before replying as you keep adding to your posts.
That chart is a bit extreme for sure and I think folks are placing WAY too much emphasis on the "old" correlation between the EU and GU. I can easily see EU falling while GU rises. I'm not saying the correlation is over with, but as of now (and for some time) it's certainly not so tight.
Ghost Rider - WWTBMD?