Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (111670)	7/8/2001 8:47:58 PM
From: Haim R. Branisteanu	Read Replies (2) of 436258

Such prognostications are a great contrarian indicator <GGG> Joel you had a black shadow Friday, after a strong move upwards. From a sentiment point of view every one is bullish on the dollar and Friday night they just recommended t on CNN, as a safe heaven for economic instability. Every were I read new highs on the dollar are a given as was NAZ a year ago ............... so that forces me to conclude otherwise <GGG> From a fundamental point of view the trade deficit in Europe is much smaller than that of the US in nominal values and also as a percentage of the GDP. Sweden hiked interest rates to defend their currency France is vocal about the low Euro and US manufactiurers are vocal about the high dollar so what gives? nytimes.com Insterest spreads also favor the Euro as is GDP growth but there the jury is still out. (http://www.ecb.int/) handelsblatt.com My thinking is that the Euro will start moving upwards BWDIK Haim

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