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

To: exeric2 who wrote (79734)	7/8/2001 10:32:26 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

exeric, actually, I think that there will be a double whamo for Europe early in 2002, when they actually eliminate local currencies and only use physical Euro. The confusion and transition discontinuities created could cost them .5% to 1% in gdp growth, just at the worse time. Zeev

To: exeric2 who wrote (79734)	7/9/2001 10:17:34 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

EDIT Did you have to put up a deposit to order that Ducati motorcycle ? Or can you back out with out a loss if the Euro goes up, If you had to put up a deposit , what percentage of the price ? Jim

To: exeric2 who wrote (79734)	7/9/2001 10:41:04 AM
From: TWICK	Read Replies (1) \| Respond to of 99985

What duc did you buy ? I'm a big duc fan myself.

To: exeric2 who wrote (79734)	7/9/2001 10:48:28 PM
From: epsteinbd	Respond to of 99985

Actually the € is quite low. We should get another reading like this or even much below by of before years' end if the ECB doesn't buy massively, something I expect them to do as they have huge reserves they seem not liking to spend now. Duisemberg said a week ago that he was satisfied with the actual level( Quite fast, the € dropped another 1.5%). He knew that his words will produce that effect from former similar experiences : three month ago it was : " The € level does not bother my sleep",and with all the babbeling all the € ministers keep doing concerning the exchnge rate, you can assume that's what they want... as to prevent Europeans from going to the US on vacation, and not to have to dump the local goods that America wants. Furthermore Europe is lagging on the state of the slowing economy for reasons that I'll elaborate on some other time, if asked. Epsteinbd