I think this rally is over. Profits can evaporate so fast.
Here is the move coming now. If we get a close below 128.50 the we should retrace to the mid 123's.
US irrational investors think that US indexes can always go up forever even though their currency has been strengthening. S&P 500 EPS is comprise of 45% of foreign sales
You think this is a crash? We haven't even closed the gap from November yet. The EUR should be below the August 31, highs.
who needs the euro? worthless currency.