Look at that... target almost hit...

Look at that !

Remember the trolls last year claiming for the end of the US Dollar? Where are they now? Where is hyperinflation that would send the dollar down the toilet? I don't see them...

Today the Euro hit 1.28 against the dollar. My long term target last year was below the 1.24 area as minimum target. We are now almost hitting that target...

Here's a snapshot for prosperity:

Here's the graph posted back in February claiming a rise to 85 level on USD Index. This level may be indeed a mid-term top for USD (bottom for € in this case):

Music on loop...

After a short-selling ban from the Greek government last week, we knew what would happen. We know better, and it seems the politicians can't figure it out themselves. I really don't know who teaches economics and other things to them.

So, history doesn't repeat, but it often rhymes. Well, just like any other time, when the government banned shorts, this measures had done nothing to prevent the declines...

I bet the greek politicians are scratching their heads right now:

Ok we can't blame the short sellers now, who should we blame then? Easter bunny perhaps?

Today the Greek stock market fell -7% ... seriously when will these guys learn a thing or two?

But no problem, we rather use the government's decisions as contrarian signals ... :

Markets as an art...

Quote of the day

The stock market is efficient at expressing the herd mentality.