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Strategies & Market Trends : The Options Box

QQQ 625.05

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To: dli who wrote (7508)	11/20/2000 1:10:08 AM
From: chic_hearne	Read Replies (1) of 10876

The devaluation of the Euro -vs- the Dollar is the opinion of the markets as to what the real value of a currency (or anything else for that matter). A clear opinion without political disguises, I think. I remember reading some speculation long ago that the Euro would likely sink to unthinkable levels before making a rally. Seems to be what's happening. Of course the the policy makers over there have their heads so far up their asses they aren't helping the cause. Hell even naive me could see this months ago in comments to a poster from Germany. -ggg- Message 14308798 Aug. 31st - BTW- What the fck is up with your central banks? Are they trying to kill the Euro? People must be livid over there. Why didn't they hike a half point today? I've read rumors that Germany may back out. The deutche mark could end up being the dominant currency of Europe. Message 14327798 Sept. 5th - I see the Euro setting all time lows last week v. the dollar. It's only going to get worse, thank your central bankers.*

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