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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (8387)	11/6/2007 11:51:29 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 33421

Re : US Dollar -- Gisele (ugly face / great "bod") (the apparently famous model) says : sell the US Dollar, so ........ I would guess we are very close to a huge, major low in the dollar. I remember during the Carter years ... (TV show) Saturday Night Live made a joke about the falling US Dollar (they showed a graphic with a one dollar bill falling into a toilet) (if I remember correctly), and ... sure enough -- the low for that era was made shortly thereafter. Jon. P.S. I will not bet my own money on this prediction, however.

To: John Pitera who wrote (8387)	11/7/2007 2:25:45 AM
From: Louis V. Lambrecht	Respond to of 33421

Sorry to hear that. PRs from the last G7 meeting should have been weighted more then ... err ... "patriotic(?)" echoes in the US media. Not many Americans have a passport, so not many people know to what extend the Dollar is hit, and no political need to tell them. Imvho, powers that be already preparing for the next prez elections. Throw in the Olympic games in China, you have two giants who cannot afford to lose face: dis-information is the name of the game. Fwiw, still have a medium term prognose (China Olympics?) of 1.7 USD for one EUR (should be 1.30 USD for one CAD) which I also consider as the time for the sh*t to hit the fan. Rem: ECB has a ten year backwards calculation of the EUR/USD exchange rate, all time high was 1.45825 on Sep 2nd, 1992. Not exceptional thus, just SNAFU.