Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (1929)	3/13/2004 12:48:11 PM
From: Jim Willie CB	Read Replies (1) of 116555

US$ resumes downward course AS SOON AS ECB cuts rates as with the Fed, talk is more powerful than action they can talk and talk repeatedly, with no change in rates when they cut, they use ammunition which can not be used again then comes the powerful USDollar decline resumption you have been talking about an ECB cut for two months while I respect the call, soon they either fish or cut bait soon the call for a cut will lose its credibility by then, the DXY will be at its next moving average trending down hard / jim

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