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Re: ZavBar post# 190896

Saturday, 10/20/2007 12:47:17 PM

Saturday, October 20, 2007 12:47:17 PM

Post# of 648882
I've been calling $1.50 EURO for about three years. Once I realized it would go past $1.35 without too much complaint from european member nations, I figured it was in the bag sooner or later. My only concern for a while was Germany, as they are the manufacturing engine that drives the euro-zone. But when it became clear that the big German manufacturers were not unhappy with the current euro value, and that German politicians were fighting any talk of taking action to control the euro, I made a bet on the direction it was headed.

We see $1.45 Euro toutes suite, imo. $1.50 before year's end, as I believe the dollar rout picks up speed into the EOY

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If you take anything I say as advice, you're crazier than I am.

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