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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (1548)10/18/2003 9:38:27 AM
From: Haim R. Branisteanu  Read Replies (1) of 110194
 
Would like to add that a mechanical model used by Deutsche Bank is predicting with 79% accuracy that the EUR will rise next month to 1.35 to the USD, with a sharp up move of 10% in 2 weeks.

As a side comment the same model predicted indecision around 1.17 until end of year with 95% accuracy.

Bottom line go figure <GG> in any case I will keep DELTA 20% negative as it may well be that due to the failure of Japan and China to let their currency float the US will depreciate the USD against other baskets of currency including the EUR and by putting more pressure on Japan and China teh EZ countries who can not enjoy a recovery with such a high exchange rate.

THis move will target the UDX at around 82 to 85

BWDIK
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