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

To: Joan Osland Graffius who wrote (38227)	9/14/2003 3:59:57 PM
From: Haim R. Branisteanu	Respond to of 74559

Joan the opinions are so widely different that I really do not know what each of those guys are smoking. Today was another report from a guy at Deutsche Bank who anticipates 1.05 EUR /USD but Dresdner Bank and Goldman Sax anticipated 1.24 EUR/USD IMHO both are wrong even that I think the 1.24 is a more realistic number based on the US "jobless recovery" which equals recession, US trade and budget deficit. At least Europe do not have trade deficits and Germany had 14 bill surplus which compared to US size is around $60 billion in July