Forum Archive Index - February 2004

["Allan Potts" <ajp7079@excite.com>]

Hi all,

I'm going to really stick my neck out and answer the question directly.  I must 
first caution that this is a guess, but based upon some "feel" for what is 
going on and the knowledge that most markets overshoot the mark on the 
downside, as well as the upside.

Over say a 2 to 2 1/2 year  period the dollar index could very well drop to the 
62 to 63 level.  It closed today at 85.12 down .46.  If the NZ $ were to go up 
by roughly the amount the USD went down, that would put the Kiwi currency at 
.88 or so.

I think this is very possible and I'm also informed that the NZ $ has been here 
before and even higher than that.

MacDunk you have your forecast -- numbers on the line.  Anyone who wishes may 
write this down and razz me to embarrassment if I turn out to be wrong.  I have 
however, already voted with my dollars, just in case I'm right.

Allan




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