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Strategies & Market Trends : Tech Stock Options
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To: Gersh Avery who wrote (53364)9/20/1998 10:36:00 PM
From: BubbaFred  Read Replies (1) of 58727
 
Gersh - Would you kindly explain why the European (DM, SF, etc) currency is more desirable than U$? How does the money flow? I assume it is driven to where best investment is located. DMark has declined vs. U$ since 1995, made bottom channel this year, and started the strong rise 3 weeks ago, when rate cut cries started. Bundesbank rate is still lower than US bond rate. Why the loss of confidence on U$ now?
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