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Pastimes : ClownBuck Deathwatch
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To: patron_anejo_por_favor who wrote (2)8/20/2000 10:48:22 PM
From: CYC  Read Replies (1) of 329
 
Tequila drinker,

As a person who has been humbled by markets many times, I think you choose the right word in the thread title, "watch." We watch.

If history is any guide, the event for a major market turning point often becomes clearly identified only in retrospect. For now, many things are in place, but we are only speculating as to what market players, or the currency market as a whole, will do in the future.

ECB raising interest rate is another puzzle piece falling into place. The problem with that is if so many people know it or expect it already, it is less likely to be the trigger.

If the decline of the dollar is inevitable, the picture will become clearer as time goes by. JMO.
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