Posted by Allan Greenspan on December 07, 2000 at 15:06:22:
In Reply to: European Market Manipulation... posted by Anthony on December 07, 2000 at 13:39:56:
I wouldn't count on the continual buoyancy of the US dollar and decline of the euro. The US economic strength appears to be primarily related to the recent Bull market in particular the NASDAQ. Considering the recent falls in the NASDAQ and inability of many US internet companies to turn a profit I'd be inclined to think that now is possibly the best time to buy a european tuba. I'd say with almost complete certainty that there is no way the euro is going to halve its current market value in relation to the US dollar within the next year.
Happy speculating