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To: pater tenebrarum who wrote (29336)1/25/2002 6:15:59 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 209892
 
who would have thought the japanese would have traveled this far with gold, and it's still a baby step. not part of the plan 18 months ago. strange occurances everywhere.



To: pater tenebrarum who wrote (29336)1/25/2002 9:21:51 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 209892
 
Heinz,

Last December Japan was selling Yen and buy Euro's driving the Yen lower and the Euro above 0.90. Now it seems after O'Neil visited Japan they started to buy UDS (US treasuries) and sell their Euro's.

Who knows what agreements were reached in O'Neil last trip, but IMHO the reversal will be disastrous as the whole thing of US relative productivity is buried under mountains and mountains of debt.......... aside of the US relative productivity, being a MYTH as I do not think that Japan or Europe or SE Asia are less productive ......... after all how fast can one type or draw or send an e-mail, fax or scan an item into inventory.

The most amazing fact is that by changing 2 or 3 sentences in a convoluted speech his opinions are now predicting a recovery versus a second (W) type of recession. AG speeches remind me of the Mafia movies discussion when they knew their words are watched.

Trust me in WWII AG did not need the ENIGMA to forward a coded message. <GGG>



To: pater tenebrarum who wrote (29336)1/25/2002 11:47:16 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 209892
 
Heinz, the graph of the Euro since January 1. home.nyc.rr.com

(any waver on this tread can read the "waves" ? ........ so please share it with us)

By mistake I stated that the Euro slid 3.4% in 3 weeks it is actually 10 days (since Jan 14).

Since January 2 at a high of over 0.9060 it hit a low today of 0.8630 or a swing of 5%......... and all this in "calm" economic news only squabble and BS of European bankers and hype of the US CB how great he guides the economy out of recession.

Wonder that the stock markets have not even taken into account that the multinationals will bring home less profits. Back in summer when the USD was at same levels ( 119 to 120 ) every corporation blamed the currency for lack of profits. What will they say now?? If we count September the USD went from 112 to 120 or around 7% which will wipe out most repatriated profits.

Haim