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> > Traders,
> > I have been watching the Deutshe marks for a while, and was
> > wondering if someone was possibly trading them, and if you would
> > share your experience or thought on their present activity. Thank
> > you. Mike
>
> If you are planning on spending time on currencies, do not forget
> that the Eurpoean currencies are scheduled to "disappear" 1/1/1999
> and be replaced by the Euro.
ALL this is NOT final and still in the works - yes the plans look
like that, but who knows who might be able to meet the EMU-criterea
and who not - anyway NO currency will DISAPPEAR before 2001 EARLIEST
> Don't ask me how the conversion is calculated - this is a raging
> debate,
worse than Y2k <g> be happy that you are far away from it !
> and unless triangulation is chosen, will probably involve
> an 8 or 9-decimal calculation - something outside the range of most
> trading programs accuracy limits.
I think there is enough time still to get involved.........
and re the "thought on their present activity" this is CLEARLY not a
deutsch mark move, but a BILL CLINTON - moving the USD against all
currencies - move !
rgds hans
~~~~~~~~~~~~~
GOVERNMENT HEALTH WARNING:
If you are FEMALE and
IF you are YOUNGER than 75 years and
BILL CLINTON is approaching you.....
TAKE COVER !
~~~~~
....and bear in mind
that high reward does not come without its partner high risk !
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