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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (11791)	9/14/2004 3:14:23 PM
From: TH	Read Replies (1) \| Respond to of 116555

mish, Interesting comment. This morning I had a phone conference with my co-workers in Germany. They are preparing pricing adjustments and contracts for 05 and 06. Number one concern is the price of oil, and we will be increasing prices for the majority of our products. They were using a rather high number for oil and I inquired about this but did not get a detailed answer. Number two concern is the dollar in 05, but they seem to think that its going to stop at 1.3 Dollar to Euro. Good Trading TH