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

To: TobagoJack who wrote (39812)	10/20/2003 8:51:17 PM
From: Condor	Read Replies (1) \| Respond to of 74559

Hi Jay, Did you purposely leave out the Renminbi in your request to Haim? Cheers C

To: TobagoJack who wrote (39812)	10/21/2003 6:40:19 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 74559

Jay lets start that I am clue less short term. If I really knew I would be very rich. As to the UDX in general I think it will slide to around 85. the JPY may go another 10% to around 100 and the EUR to around 1.20 (possibly). AUD and CAD I am not following. But all this is speculation nothing more. Europe is not in great shape and the only thing going for them is that they do not have a trade deficit. It will not surprise me if the EUR will revert to parity after US elections. My positions now are that I own substantial amount of EUR's and about 1/3 borrowed USD against over a year ago. Interest paid on the EUR covers the interest I pay for the USD loan and also I can deduct is from taxes as investment expenses.