Euro-oh

[Huggy85]

No, I understand the difference between a concrete prediction and the use of hyperbole to get a point across. It doesn't mean the point is not valid.

Only very simple people would think that was a concrete pre...

...errr...

...ummm, forget it.

You can tell you're getting desperate when every response requires a personal attack.

I win

[R W G R]

You can tell you're getting desperate when every response requires a personal attack.

I win

Any intelligent person wou ...

...err...

[Hans]

No, I understand the difference between a concrete prediction and the use of hyperbole to get a point across. It doesn't mean the point is not valid.

Only very simple people would think that was a concrete pre...

...errr...

...ummm, forget it.

Is hyperbole related to BS?

[Huggy85]

Euro at almost $1.29 today Winger. This thread is making you look more and more like a hyper ###hole every day! What happened to the "collapse"?

[R W G R]

Euro at almost $1.29 today Winger. This thread is making you look more and more like a hyper ###hole every day! What happened to the "collapse"?

What Huggy fails to tell you is that $1.29 is a sharp decline from last year.


Ahhh, yes, context wins out the day again.

NEXT!!!

[R W G R]

Euro's Decline

All this education, and I don't charge you guys a cent!

It's because you are my friends.

[Huggy85]

What Huggy fails to tell you is that $1.29 is a sharp decline from last year.


Ahhh, yes, context wins out the day again.

NEXT!!!

Up almost a dime in the last 6 weeks. A sure sign of the impending "collapse" for sure.

[R W G R]

Up almost a dime in the last 6 weeks. A sure sign of the impending "collapse" for sure.

Translation: "Echoenomix wuz vary hard four mee inn skewl"

[Huggy85]

Uh Oh!

http://www.businessweek.com/news/201...weak-u-s-.html

Goldman Reverses Euro Call, Sees Gains on Weak U.S.

Goldman Sachs Group Inc. said the dollar will weaken against the euro by January as U.S. growth slows, marking the bank’s second reversal in two months after it forecast in June the greenback would surge to a seven-year high.

Europe’s single currency will fall to $1.22 in three months before gaining to $1.35 in six months and $1.38 in a year, according to an e-mailed research note dated July 14. The bank raised its outlook for the yen, forecasting it to reach the highest level since 1995 versus the dollar, citing lower expectations for interest rate increases by the Federal Reserve or currency intervention by Japanese officials.

“Weaker U.S. growth, reasonably solid euro-zone macro data and less political/fiscal disruptions than feared have been a feature of the past few weeks,” wrote analysts including Thomas Stolper, an economist in London for Goldman. “This weakening in U.S. activity is the beginning of a period of sub-trend growth, spanning about four quarters until the second half of 2011.”


At least the professionals can see the reality.

[R W G R]

Teacher: "Now, class, Huggy is next with his presentation on the Euro"

Huggy: "Thank you, Miss Allan. I like the Euro. Here is a chart of the Euro"



"As you can see, the Euro is strong. Strong like Superman, but not as strong as The Incredible Hulk. But it is strong, super strong, like Popeye when he eats his spinach and me when I drink lots of red Kool Aid"

"Thank you"

[R W G R]

according to an e-mailed research note dated July 14.

LOL!!!!!

Huggy: "The experts"

[R W G R]

"17 viewings"


I win

[Huggy85]

according to an e-mailed research note dated July 14.

LOL!!!!!

Huggy: "The experts"

Headline reads "Goldman reverses Euro call"

You are suggesting that you are smarter and a better authority on the subject than Goldman Sachs researchers!


I bow to you RW!!!!! Lets make you president!

[R W G R]

Headline reads "Goldman reverses Euro call"

You are suggesting that you are smarter and a better authority on the subject than Goldman Sachs researchers!


I bow to you RW!!!!! Lets make you president!

I am sure when compared to your scholastic career an "emailed research note" is akin to a doctoral thesis.

[R W G R]

I bow to you RW!!!!!

Get in line. No cuts.

[Hans]

So did it implode yet?

[R W G R]

So did it implode yet?

That's what she said

[Hans]

I presume that's a no?

[Huggy85]

I guess the collapse has been delayed some more?

European, US stocks ease; euro surge continues

http://www.google.com/hostednews/ap/...Z7DhQD9HC2F480

For now though, there's been more activity in the currency markets, where the euro's rally has gathered pace. By mid afternoon London time, the single European currency was trading 0.3 percent higher at $1.3218, slightly lower on its earlier three month high of $1.3261.

Over the last month or so, the euro has returned to favor as fears over the government debt crisis gripping a number of countries, most notably Greece, have eased, at the same time as a run of data have shown the U.S. economic recovery losing momentum.

[Hans]

So when is the impeding doom?