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Re: Zeev Hed post# 230274

Tuesday, 04/13/2004 10:15:04 PM

Tuesday, April 13, 2004 10:15:04 PM

Post# of 704044
Yes, it would be very hard to maintain the anticipated market action with a significant further dollar gain. EUR/USD 1.15 -1.25 seems to be the range that can provide the required fuel for the most part of this year (first two-three quarters). With few possible peeks out of that range as neccessary. I based this on your turnips map.
I can't really see dollar staying close to 1.15 much less penetrating it. That line coincides with about $380/$390 in gold. Talking out of memory, so I may be off by some here.


oneseven

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