Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: menanna who wrote (42618)	12/6/2003 8:38:14 PM
From: elmatador	Read Replies (1) of 74559

Anna <<ferocious USD couter-trend>> wasn't vintage Jay and let me wondering what Jay would bring to thread to subsidize his statement. See, oil increase 40% in USD but in Euro is the same price. You buy a barrel of oil -priced in USD today by the same price you bought it before because the USD decline vs the Euro. So anything that is priced in USD -and most stuff is priced in USD- is becoming cheaper for the Europeans.

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