Would you rather be right or make money?

Here are my two cents for the “it doesn’t matter what the ECB, EFSF, ESM, IMF, OECD, AFL-CIO does, the euro is going to zero” crowd.

You may be right. It may very well end in tears.

But would rather win an argument or make money? When the wind shifts, change your tack. You can always reenter you core position at a better level.

Hope is not a strategy. And arguing with the market never works.So stop saying this move is on “nothing”. It was on something, or it wouldn’t have moved.

Remember last week? THAT was nothing.