>>Do you use an internet broker or, what ?<<
I will not tell the whole story until Im out of the present grind. But lemme indicate that, yes we started to use forks, and yes, that's why we have these funny red marks all over the face
Im using DEM accunt only. Had US some time ago but e3xcept for a try at Adaptec I was still too green for that.
Impact of the Euro:
a) on me: I feel personally fine about it, in a 100% positive sense. Nice selling job I guess they did on me. Remember though that for instance in the case of Germany with 40% exports within European community the cross-rate risks and its insurance costs plus the cross-border BS will fall away.
b) Southern countries: well they have a swell of the time because the interest rates are falling falling falling. Im making a nice bundle on Italian rates for instance. The money being freed of course is ending up in the stocks.
c) dangers: it's a question of trust, which will decide how well this will work. UK I would very much like to see included. Without them there is definitely something missing in this market. Unemployment: the problem here at least in Germany is not Euro, its the rigidity of the consensus between the employers and the employees that has to relax a little bit, in the way UK sucessfully did it. Japan: here's where Europe can start making nails with headnails - as Germans say.
Sterling will probably play more by the tune of the interest rates. It's decoupled from Euro but they can not afford the present situation on the long run. Im pretty sure they have some ideas how to land in a decent fashion SF: it may be a win/win and/or lose/lose situation. If it goes down vs Euro, their exports (incl tourism) will imrpove. If Euro tanks, they'll have money pouring in.
DJ |
