Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (46408)	2/17/2004 8:55:16 PM
From: elmatador	Respond to of 74559

<<"Verbal intervention (a.k.a parole) did work before when we neared $1.29, so its very possible officials will try it again," he said, though warning that words alone were unlikely to hold the euro back for long. "The market is itching to test $1.30 and ultimately I don't think they'll be successful in verbally halting the euro's rise.">> This is in plain English what I keep saying here. Once USD loses its shame -and go really promiscous- it will fell to 1.35 / 1.40. By then verbal intervention no longer produces a result and it will time for action. As a result, pressure on China with threat of tariffs and China revalues 5% and I get that pizza (Capricciosa is my favorite.) That's my script, Jay.