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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (32064)	10/5/2000 6:49:06 PM
From: dli	Read Replies (1) of 42787

Donald, your analysis is absolutely on spot. However, considering some additional variables can lead you to believe that any stength in the Euro won't be sustained for long. The weakness of the euro is already causing politicians and european companies to drag their feet on necessary structural reforms as the weak euro enhances their competitiveness and consequently adds to GDP growth. So once the Euro appreciates noticeably they will start hurting again and any regained confidence in the currency will be rather short-lived IMO. As long as the majority of EU governments is controlled by socialist parties I do not expect any meaningful structural reforms to be put through. Dave

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