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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (9171)	3/2/2004 2:03:39 PM
From: Box-By-The-Riviera™	Respond to of 110194

you're inaccurate, but the real question is, does all of that hot air and "insight" actually represent some sort of trading position? or are you just a perpetual commentator regarding the obvious....? got job at CNN?

To: Jim Willie CB who wrote (9171)	3/3/2004 2:32:10 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 110194

Jim, several weeks ago I posted that I anticipate the EUR/USD to trade in a range of 1.20 to 1.25. Later I admitted that I was wrong as the EUR/USD jumped well above 1.25 and hit 1.29.... now it is back in the mentioned range will see how long "my" range will hold On FEB 18, the EUR/USD was 1.2930 10 working days later it was 1.2150 with no meaningfull news ... does that make any sense to you? True I did not anticipate such a big move as it was not justified IMHO by fundamentals and the EZ economy was hurting. At the same time many predicted 1.30 to 1.35 within days. My remarks are related to the wild swings in the FX rates which were in excess of 3 to 4% within 2 to 3 days which does nothing except hurting the real economy. Take the time span from mid December to yesterday - wild irrational swings between 1.23 to 1.27/28/ and 1.29. Those type of swings were not driven by any fundamentals but speculation and manipulation IMHO and benefited no one in the real economy. Also there was also more than just a sublime message from AG yesterday to the FX market. Message 19829195