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[sharechat] Sunday Papers

From:	"Steve Moxham" <stevemox@e3.net.nz>
Date:	Sun, 24 Sep 2000 13:31:27 +1200

There's a good feature in the Sunday Star Times today (Focus: "Passing the Buck") that discusses the idea of a common currency between New Zealand and Australia. The major issue centres around control of monetary policy. It's timely given that several of the world's central banks, including America, are throwing money at the Euro to try and prop it up.

Its interesting to note that even before the Euro was launched the German Central Bank issued this warning..."members proceed with this reckless currency collectivisation project at your peril".

Eyeopening statistic: 70% of online traders LOSE money in a RISING market.

Food for thought!

Any star picks for the market this week? Mini recovery in TEL?

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