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To: yard_man who wrote (243981)	6/4/2003 6:26:20 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

nice. perhaps you'll be able to train him. everyone else has failed.

To: yard_man who wrote (243981)	6/4/2003 7:55:14 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 436258

tipet the point is that there were no real economic news that could justify the swings ...... that was my point!!! Yes I know the issue of buyers and sellers and perception. If FX will start to act as the stock market the then we are in trouble. Commerce can not be conducted by watching the currency markets. Just think what if every importer or exporter need to concentrate on FX fluctuation and neglect his business .... ..... so it does not matter if he sells or buys at a great price as FX fluctuation will erode any competitive edge .... this is unproductive allocation of efforts and money

To: yard_man who wrote (243981)	6/5/2003 1:21:59 AM
From: TobagoJack	Read Replies (1) \| Respond to of 436258

hi tippet, i know that climbing the wall of worry in the case of euro has been rewarding over the past 18 months - it was the natural trade and obvious wager, and turned out also to be the sure bet, so many said so loudly with so much repetition why it was not going to be. i suspect that the trouble with strong beliefs is that they serve only to blind us, allowing us to continue doing the wrong trade, often at critical junctures, in a cumulative way, and is therefore sometimes fatal. chugs, jay