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Reply #1: I'm out of the market [View All]

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Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
KurtNYC Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-22-04 09:40 AM
Response to Original message
1. I'm out of the market
Holding euros and canadian.

The accounting firms I see are pretty busy. Lots of extra work due to S-O. Possibly they are playing the clients since no one has been down this road before. In other words, it is up to the Accounting firms to decide how much is enough. It is like a cab ride in a foreign city -- if the driver takes the long way, you probably won't know. (In this case it may be the clients who are being 'taken for a ride')

Canada has a target of 83 cents to the USD so I'm done there. But the Euro could go anywhere -- I honestly think $1.80 is possible by the end of 2005.
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