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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (75384)4/18/2001 7:16:04 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Geroge I just returned from a meeting with a Senior European banker, their bank thinking is that the dollar is way over value due to the trade deficit and low economic growth, that the FED will lower interest rates further and that when those with DM under their mattresses will realize that the DM will not get nixed but converted into Euros and after the conversion of the Euro into paper money the Euro will go above parity to the dollar.

The US will face inflation the FED will panic and will not help.

BWDIK

Haim