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

To: TobagoJack who wrote (25996)	12/11/2002 3:14:24 AM
From: energyplay	Read Replies (2) \| Respond to of 74559

IN FT or WSJ today someone is saying U.S. Dollar overvalued by 30%...looks like reasonable data. I would expect an overshoot of the 30%. A 30% over valuation requires a 25% relative devaluation to get to parity. Nymex Natural gas prices spiked to $4.60 on short covering. Colder weather forecast in Eastern U.S. Some talk of Natural gas going to $6.00...