SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (4047)6/11/2001 10:51:58 AM
From: hobo  Read Replies (1) | Respond to of 33421
 
In other words...

In the world of the blind, (Euro & Yen), the one eyed (USD) is king then ?

Some relief, no ? -g-

maybe we should invest in... Argentinean pesos? yes ? -ggg-



To: John Pitera who wrote (4047)6/11/2001 10:55:30 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 33421
 
"While still a long shot, there is even the chance that the legislation could include stiff penalties for companies that breach law, including the freezing any layoffs that come without employee consultation. As far as we are concerned, this has to be considered a hindrance to the euro given the fact that it will likely make it more expensive for corporations to work off excess capacity."

Good Morning John,

Could you please flesh out that paragraph a bit for me...I know it's Monday morning, but I have in fact had my morning caffeine and I'm still grappling with the interpretation<gg>

Hope you are staying high and dry.



To: John Pitera who wrote (4047)6/11/2001 9:24:08 PM
From: Moominoid  Read Replies (1) | Respond to of 33421
 
They are much more than two year lows on the Pound. I believe they are 15 year lows....

Have a look at this chart:

cres.anu.edu.au

The pound seems to be beginning to converge with the Euro as I've thought it would for a long time. Hence we should expect further Sterling weakness I think.

David