Europe is going up because "markets over there seem to think that "money printing" will save them .... have I got that right ????"
correct
US markets are closed for a public holiday.
Personally I'm not shorting Europe (although it deserves it) only the euro. The ECB meet Thursday and markets are anticipating something concrete to come out of it hence the indices resistance. From Friday they should be more susceptible to geopolitical events. Germany's economy is weakening as is it's inflation rate so it just might see some advantage in allowing some form of stimulus .
The EZ is a mess and I'm amazed how many investors aren't aware of the significance of that.
