Feb

26

Euroshort Cover? from Kim Zussman

February 26, 2010 |

sorosToday on page 1 of the WSJ there is an article about big hedge funds piling onto the short Euro trade, including Einhorn, Soros, Cohen. It describes a meeting where they selling this idea to each other (sprachen sie buch?), which is not collusion or inside. Evidently Paulson Co are now on the other side.

1. Short cover rally in Euro appropriately ironic now

2. Or not, as who wants to take the other side of with masters of the universe?


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