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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Haim R. Branisteanu who wrote (117160)8/16/2001 10:42:21 PM
From: Lee Lichterman III  Read Replies (1) of 436258
 
You could be right and 113 has seemed to stop the bleeding for now but there is a lot of money that needs to go home to foreign shores. The Euro will be hard currency in the not too distant future, Japan needs to start pumping up their stuff so they can make the books look pretty when they square everything up for the year etc. If Easy Al keeps cutting rates, the currency could easily get whacked some more especially if the pushing on a string analogy starts getting more popular.

I am too small time to play the currencies other than an occasional call or put on the DXY now and then so I mainly just watch the dollar to see how the rest of the market might react.

Good Luck,

Lee
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