MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Crimson Ghost who wrote (75384)	4/18/2001 7:16:04 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Geroge I just returned from a meeting with a Senior European banker, their bank thinking is that the dollar is way over value due to the trade deficit and low economic growth, that the FED will lower interest rates further and that when those with DM under their mattresses will realize that the DM will not get nixed but converted into Euros and after the conversion of the Euro into paper money the Euro will go above parity to the dollar. The US will face inflation the FED will panic and will not help. BWDIK Haim

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