Greece is F'ing up the EURO

Forum: Investments
Author: [Investments] Topic: Greece is F'ing up the EURO
HonLi PM HonLi
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Posted: 4/26/2010 8:02:05 PM
Are you guys making money off of this??
I know you are lol!
Enjoy.
But one question...
How can I?  I no nothing about FOREX. 
wallstreetcappers PM wallstreetcappers
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Posted: 4/26/2010 10:18:04 PM
There are some ETFs that might get you in on the action..but outside having a Forex account, you are limited in choices.
Rush51 PM Rush51
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Posted: 4/26/2010 10:28:56 PM
Greece... Then Portugal... Then Italy... Then Spain..  Debt fears are contagious.  We'll see where this goes, but  it seem to be pretty well contained in Europe.....   Unlike our credit-fueled ponzi scheme that infected the entire world. 
HonLi PM HonLi
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Posted: 4/26/2010 11:40:51 PM
How about shorting FXE? 
BigBadBlove PM BigBadBlove
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Posted: 4/27/2010 1:36:42 AM
trying to short euro, u could short ULE (down 10% last 3 mo.), a euro proshare etf, not really sure bout this strategy, as i don't know anyone doing it, though its pretty straightforward.  of course easy to argue shorting ETFs is only slightly less degenerate than buying them..bol
LeRinkRat PM LeRinkRat
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Posted: 4/29/2010 1:00:21 PM
heard talk last night on various business shows that the Germans are about ready to dump the Euro and go back to their D-mark
KOAJ PM KOAJ
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Posted: 4/29/2010 2:06:26 PM
go long Poland

hoping the country stays strong on their free market moves in the last few years

they were/are the only country in europe with any growth
wallstreetcappers PM wallstreetcappers
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Posted: 4/29/2010 2:16:22 PM
QUOTE Originally Posted by KOAJ:

go long Poland

hoping the country stays strong on their free market moves in the last few years

they were/are the only country in europe with any growth


Their currency is the "Zloty" and has the symbol PLN if you wanted to check it out.

Their currency has been in the crapper since Sept 2008, it has gone from near US 2.10 to 2.95 or so recently, so the USD has gone UP in value versus the Zloty over the last two years or so.
mr_bollox PM mr_bollox
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Posted: 5/2/2010 10:26:41 PM
in 100 years people will be amazed that 16 countries used a mutual currency, actually the amazing thing its taken this long for there to be a crisis.
BigBadBlove PM BigBadBlove
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Posted: 5/2/2010 11:22:39 PM
well if thats the case then our tourist dollars on euro vacay will go back to
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