Well said. On this front I think we can agree to disagree. Why? Because I don't thing that there is ENOUGH fear in the system yet. It's very similar to a situation when you get a call at 1 a.m. that your father/mother has been taken to the hospital ...

EurAnalysis

No argument from me on that one. I've fallen victim to using my EW analysis many times to stay in a postion longer than I've wanted to and watch a positive position turn negative. I'd LOVE to be able to say I use strict stop and absolute money ...

EurAnalysis

I guess he's where I get hung up in semantics because in my thought process a short squeeze (which BTW I agree may occur) is not a 'bullish' event but rather a corrective event in a bearish market. I also prefer the terms of bullish/bearish to ...

EurAnalysis

Confused — I'm slightly confused X, are you bullish, like you wrote in your article, or bearish like PT?

EurAnalysis

X I kinda understand where you're coming from with the observation of the environment 'indicator'. What would be interesting is to see if there is any correlation between the number of positive vs. negative stories and how the market reacts; short ...

EurAnalysis

Because of the positive correlation between the US stock indicies and EUR/USD I look at the volume on the OEX. I compare this situation to that which occurred in 2008 and more appropriately the Asian contagion in 1999. In addition the $VIX just ...

EurAnalysis

I just don't think that the markets have been extremely fearful - at least not enough to put in a bottom. The fear of being short when there is a 'squeeze' going on isn't the same as the fear of the bottom dropping out and there are no sellers in ...

EurAnalysis

Are they telling the truth — One thing about your article that I found interesting was this - when asked who was short everyone said they were: I don't believe that for a second in a large group setting people lie because they don't want to ...

EurAnalysis

I look at last week as an opportunity to short again which I did and I'm holding short from 1.2490. I expect the markets to match the 1.18 lows sometime this summer.

EurAnalysis

I could write the old cliche about selling the rumor (Grexit) and buying the fact but I think that there is more involved than that. On the weekly chart one could make a case that the EUR/USD has already put in wave 5 and that this week was the ...

EurAnalysis

Contrarian thinking is basically what your article is about and I can respect that. In fact the old adage of buy the rumor and sell the fact could be applied to your article when it comes to the Grexit. The one area where I have teh biggest ...

EurAnalysis