{quote} Yes but we also have to remember one thing about dax and also bund, the thing is that overall the eur (and especially germany) is still under QE and personally i cannot see somehow a major dax (or bund) drop in the medium term, making QE and having the stock crash in the same time would simply mean the total defeat of a central bank, unthinkable (but still possible eheh). In other words, soon draghi and his dreamteam will wake up and make things again wonderful both for dax and for bunds, and i guess eur will be making new lows at that time....
Well I am only long. Am gonna be USD short for the next few years I think. Me no scalping. Am speculating on investor outflow from US to EU to buy European stocks. + Think Eur was megaovesold thx to two major events in January, namely SNB peg and ECB QE. So think QE expectations long time ago priced in and now we should get investing cash flow moving charts. + Also I think USD bull was due to two things, namely safe haven + Oil downmove. Oil aint moving down anymore and US not safe haven anymore since hike is coming....
"I know one thing, that I know nothing." Sokrates
