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To: Tommaso who wrote (130426)10/20/2001 9:54:15 PM
From: Bull RidaH  Read Replies (2) | Respond to of 436258
 
You seem VERY disoriented. What are you doing... snorting anthrax? Let's look at the facts...

- The Euro-to-Dollar exchange ratio was roughly .89 just before the 9/11 attacks. That ratio rose to .93 by 9/22, breaking the August high and making a new high off the July lows, which were just under .84.

- The volume levels seen on pertinent futures contracts during that 9/11-9/22 rally were dramatically higher than volume seen before or after the rally into the 9/22 highs stalled, confirming news reports that large positions were being taken during that time. Those reports say investors were fleeing the dollar... You say they weren't... The Euro was gaining vs. the dollar during this rally... Who should I believe?

- You should have easily gathered from my comments that I expect a continued rally in the dollar over the next few months before the top comes in, breaking the July lows of just under .84 on the Euro exchange ratio. Since you didn't, let me spell it out for you... WATCH THE DOLLAR RALLY TO NEW HIGHS VS. THE EURO IN THE COMING MONTHS.

Get some sleep and plenty of medication.