Thrifty? No, I just like to capitalize on opportunity. Most of the time.

I will agree with you on the fact that the EUR/USD shouldn't be where it is. I'll also agree that it should reverse. I'll even further agree with all of your statements regarding how a Euro at this level is crushing to the French, and damaging to many of the EMU members.

Doesn't change the fact that the currency will go up until it decides to come down. And no amount of shouting at the rain will amount to anything. The market will continue to remain irrational. Second guessing as to the why it is behaving this way is - at best - a waste of time.

I would also introduce that in going this high, the Euro is sowing the seeds to it's own destruction. The EMU is doomed for failure - I firmly believe it. When is a whole 'nother ballgame. But I've been following a blog/information site based on this theory and read some good papers on the topic. If someone wanted to create a sub forum, I would be happy to engage in this topic. But it's not for the EUR/USD pair analysis thread.