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To: pater tenebrarum who wrote (4803)1/28/2000 11:36:00 AM
From: sammaster  Read Replies (1) | Respond to of 42523
 
why do europeans need to crash...
europe is beginning to show growth and are repatriating funds to bring back to europe and so their market will go up...
america benifited recently because it was the only growing nation...not true anymore...
the fact that europe ignored our market tells me that they are more confident in their own growth and will take their funds out of US...
when foreigners bail on us it will be the end

samir



To: pater tenebrarum who wrote (4803)1/28/2000 12:37:00 PM
From: awi  Read Replies (1) | Respond to of 42523
 
As a European, I'm certainly taking notice of the US markets...Seems like the main Dutch index (AEX - ^AEX on Yahoo) has already caught a big flu in the past few weeks. This index is especially vulnerable to swings in the US which are then usually exaggerated by a factor 2 or so. The index consists of only 25 stocks, but as about half of them are big multinational companies which generate about half or more of their revenues in the US (ABN Amro, Aegon, Royal Ahold, ASML, ING Group, Royal Dutch Petroleum, Philips Electronics, Unilever, just to name a few) it's very sensitive to the US situation.

As well as to the dollar/euro rate I should add. The euro has dropped like a stone in recent days. Wonder where this should end. Does anyone here know of sites which features good technical analysis of currencies?