Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject	12/1/2003 1:32:09 AM
From: energyplay	Read Replies (1) of 74559

I just watched some Bloomberg Television. See if you can catch one of Bill Hubbard reports on Bloomberg. Really frightening suspenders. HK Hang Seng up 0.8% at mid day Nikkei up 3.0 % (go team !) Euro hit 1.2039 to USD, now at 1.2011 GB Pound about 1.732 European exporters expected to drop with higher Euro. Wheat up 2% Silver up. Copper up 3 cents to $0.94 China to allow foreign devils to own up to 20% of State banks, will also supply funds to restore solvency. Merril Lynch predicting that the Euro goes to $1.30 by end of 2004. Bill Hubbard saying the currency hedges of many German firms stop working with Euro over 1.2050 level. May be an important resistance level.

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