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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (24497)10/23/2002 8:03:47 PM
From: Louis V. Lambrecht  Respond to of 74559
 
You mean, return to the standard deviation?
lvlamb.itgo.com



To: westpacific who wrote (24497)10/23/2002 10:42:49 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi westpacific, <<Morgan Stanley wrote the dollar will collapse 20% and the Euro will rise to the $1.15 to the dollar level>> The same report noted the problem of Chinese Yuan being tied at the ankle and neck to the dollar.

IMO, a devaluation of the dollar would also bring the Yuan down, and if so, then every other currency down in their own good time, and the cycle can repeat itself again and once more.

This ride is going to be fun for a few, messy for many.

Chugs, Jay