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To: pater tenebrarum who wrote (15132)	8/31/2000 8:32:53 AM
From: Lucretius	Respond to of 436258

yep

To: pater tenebrarum who wrote (15132)	8/31/2000 8:40:01 AM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Right at the announcement the euro drained, then bounced. The press says it bounced 'cause of hawkish ECB statements -- bullchit. Traders hardly believe that hawkish crap. Probably a s-t technical bounce ahead of further flushing. I read there are lorry-loads of puts at lower levels. Lots and lots of people think it is headed lower and are betting money on same. Could be too much consensus here. Stocks seemed to like the announcement. -g