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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Book Bag who wrote (4710)9/30/2000 4:18:52 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Thanks BB. Yep, we can still make 5000 by year end. We don't have to run as much as the Naz did last 4th qtr to get to 5000 either.

Good luck. Have a good weekend.

RR



To: Book Bag who wrote (4710)9/30/2000 8:32:34 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
Battapaglia: As for the Euro, I am encouraged by the positive reaction of the currency to the coordinated intervention by the major central banks around the globe last week. In the months ahead, I believe that a combination of continued support by the G-7 countries combined with an easing of monetary policy (led by the U.S.) will give support to the Euro and arrest it’s slide.

this is what I said on Thursday
glad big Joe and I are in synch
Fed must assist the weak Euro currency
only way is to ease interest rates, period

the risk (in eyes of Fed) is to encourage Europe economic growth without fostering US inflation
you can thank Europe's socialism for their mess
experts thought a single Euro currency would eliminate inefficiency, aid productivity
just shows how pervasive their huge social nets are
my guess is those nets cut growth by 2% annually in GDP
/ Jim