Replies to post #12423 on Direxion Daily Financial Bear 3X Shares (FAZ)

[Porgie Tirebiter]

There is no reason on earth that the Euro can't go to say... 75 cents. "Oh, that will make oil too expensive, and that will hurt our economy." No it won't. The eurozone produces no significant oil, Britain and Norway don't participate in the euro.

So yeah, I'm thinking the month of May was an overshoot to the downside, at least in regards to the "euro crisis".

But I'm wrong about an awful lot of stuff.