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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (94943)7/15/2002 10:47:17 PM
From: Archie Meeties  Read Replies (1) | Respond to of 99280
 
What's the magic with those numbers? I'd think the parity would establish itself whenever the percieved rates of return of US equities are at par with europe and to a lesser extent, Japan.

I think that's a USDindex at around 90-95, and a market much cheaper (or a European market much more pricey).