Vine killer?

The Fed language and the recent housing numbers coming out of the US have left me concerned for the future of the US vs Euro Vine strategy.  The fundamental basis for this vine was that the US would recover faster than the Eurozone.  While the vine has been a success so far, the news as of late is making the US recovery seem further off than originally thought.  This ‘flattening’ of the US recovery projections against the Euro will decrease the alpha generated from the Vine strategy going forward.  I will watch this development closely and determine if the vine should be liquidated or if there is still potential for more gains going forward.  More active investors could hedge the strategy by buying the JPY to the USD if you feel this is a short term hiccup.