Poll: The Beginning of the End for the Euro (! or ?) (EUO, FXE, ULE)
Does the euro live or die? That is the question of a 24/7 Wall St. poll that we are asking our readers to participate in. This is a million dollar question (or maybe 5 trillion euro question). The end of the euro is becoming at least more possible, but many still refute that notion. We want your opinion.
This is going to possibly have huge ramifications for the ETFs and ETNs of the ProShares UltraShort Euro (NYSE: EUO), CurrencyShares Euro Trust (NYSE: FXE), and the ProShares Ultra Euro (NYSE: ULE).
We are going to spare you all of the yes, no, maybe comments and datapoints that have emerged in the last 72 hours from Greece, Italy and the rest of the PIIGS as the Europeans are struggling to keep things from getting too much out of control. This also will hopefully not influence your answers. We want to know what you think in a simple YES or NO or “scenario two” poll. If you don’t know or don’t have any reason for having an opinion, then this is not a poll intended for you.
24/7 Wall St. wants to know what you think, but only in the most extreme … No answers of “undecided” allowed:
JON C. OGG