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


To: TobagoJack who wrote (26761)1/3/2003 8:11:49 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>>dollar is not yet trading at 1.5 to the Euro, gold is not yet USD 600<<

I dont think euro at 1.5 is anything but some resistance, drawn in sand. And when gold gets (if it does, of course) to 600, CNBS will sure let us know;

The money flows, however, are of a more bashful kind. That's actually the reason for asking - they are closer to the crux of the problem than our external signals.

What about Long Beach stats?

Btw, I keep hearing Jimmy Hendrix in my head (the voices are baaack)...

There must be some kind of way out of here
Said the joker to the thief
There's too much confusion
I can't get no relief
...



To: TobagoJack who wrote (26761)1/3/2003 8:20:23 AM
From: KyrosL  Read Replies (1) | Respond to of 74559
 
We had a relative from the Euro-zone visit us during Christmas. She was astounded at the cheap prices for everything from clothes to restaurant meals compared to the Euro zone. The dollar is already pretty undervalued in terms of PPP relative to the Euro. European companies peddling autos, airplanes and cell phones around the globe will have a very hard time.