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To: Lucretius who wrote (13627)8/24/2000 3:07:18 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
not necessarily...remember, the Japanese bubble in equities burst two years before the Yen topped out.

in any case, there's a proliferation of ultra-bearish predictions on the Euro again all of a sudden. really noticeable. i heard it said today that Denmark will likely reject the Euro in the referendum and that it's expected to tank to 0,80 thereafter. also the expectation that it's going to fall apart is making the rounds again. if that happened, the re-born D-Mark would soar overnight, because the BuBa would be back in business...



To: Lucretius who wrote (13627)8/24/2000 4:18:23 PM
From: UnBelievable  Read Replies (2) | Respond to of 436258
 
All True

The fact that oil is priced in dollars will help.

With the cost of oil in dollars rising, if BOJ and ECB don't do something about their currency the cost of oil in those currencies will cause their economies and people to go bat chit.