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.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (21985)	11/27/2004 4:30:45 AM
From: GUSTAVE JAEGER	Read Replies (1) \| Respond to of 80950

Re: I have to say the USD is looking a bit "oversold" at the moment. An obvious acceleration pattern, as we see on the USD chart, is nearly always followed by a sharp rebound I remember that, back in 1996 (not sure though) I bought USD at the rate of 1 USD = 28.97 BEF (Belgian franc)... Now, the BEF was pegged at 1 EUR = 40.3399 BEF. So, my point is that I bought USD in 1996 at the rate of 1 EUR = 1.44 USD. Right now, the EURO trades for about 1.33 USD --nothing to write home about!