Wednesday, September 14, 2011

I'm long Germany.

The German DAX is down 30% this year and almost down 40% from its all-time high.

Here is how i am playing it:
I'm short the EURO which could be considered long the US dollar.
I'm Long the German ETF and some other European ETF's. I'm long OTM puts on the European exchanges.

Ordinary citizens in the Euro zone shroud be buying dollars hand over fist just in case the Euro collapses. They either need to be long the US dollar or gold in order to protect their savings accounts and assets, and they need to do it now.

Tickers:
EWG ISHARES MSCI GERMANY INDEX
DRR MORGAN STANLEY SHRT EUR

No comments:

Post a Comment