Signs of Deterioration
Last week on Mad Money, host Jim Cramer (with my assistance) called the euro rally to 1.30. Just a few days later, that target was hit as the euro smashed all barriers. It's always an honor to see one's chart analysis on national TV, and even more gratifying when the target is quickly achieved.
The next day, I wrote that the euro had been dealt Four Aces. In that article, I pointed out that with the German court decision, the Dutch election, Moody's negative comments about the U.S. debt-to-GDP ratio, and the promise of QE3, euro bulls had received all they could desire....450 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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