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To: Crimson Ghost who wrote (135526)	11/23/2001 8:31:15 PM
From: Haim R. Branisteanu	Respond to of 436258

George, go back on year the € was around 0.83 to 0.84, by January 2001 it jumped to 0.96 - US will go into recession Europe will carry the day. Then by April / May AG is a genius and will pull the US out of recession ECB are all stale morons € goes to 0.83 by July 5. By July August this year ........ oh well AG is not such a genius he is also a stale moron after all, wide spread weakness in the US ......... € goes to 0.92. By September 6/7 NAPM comes out ........ gee US is out of the woods ........ € drops to around 0.88............ well not to be so optimistic on 09/07 employment data is weak ......... € goes to 0.90 .. .... 0.89 range ............... then 09/11 happen and by 09/17 the € hits 0.93 since end of September the € starts sliding in accordance with Afghanistan. Any one predicts a stop around $ index of 115 .......... well to goes higher to over 117 now and the € is below 0.88 ...... the US is recovering .......... most interesting read the WS whore prediction ........NONE IS ACCURATE To place this in perspective if all things are equal before 09/11 the € was around 0.89 a slide below 0.88 is not so drastic even more so that the US agreed to help Japan by lowering their currency above 124 ¥ to the $ So it is a difficult call my bet is a drift lower to the .0872 range later who knows BWDIK Haim