Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (20008)	6/19/2002 1:50:11 AM
From: Maurice Winn	Read Replies (1) of 74559

<<My guess is that it won't go more than another 10% [if that].>> <I will take that bet, assuming any reasonable time line?> Well Jay, you've taken it [DDGU bet]. I guess by Xmas. Another 20% would make the Kiwi$ = US58c That would make NZ farmers and a lot of other people in NZ whine like a fleet of Koreans paying CDMA royalties [Koreans have stopped whining lately because they are giggling their way to the bank. It's hard to whine and giggle at the same time]. I suppose 10% more is likely. It's the next 10% that I think unlikely. I would not be at all surprised to see Uncle Al use a financial Daisy Cutter on those betting against the US$. Americans are a bit less subtle than the Japanese, who do Jiujitsu on their currency opponents. Both are dangerous when aroused and cornered. The Euro gang are in the conspiracy too. Heck, they might decide to form a Triad of Cash to fight their opponents. That's quite a tag team to take on. We have Axis of Evil, Matrix of Malevolence and Triad of Cash on the rampage. We small, furry, mammals must be quick on our feet to get their eggs. Mqurice

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