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To: awi who wrote (85604)	2/20/2001 12:41:32 PM
From: John Pitera	Read Replies (1) \| Respond to of 86076

today's weakness in the euro seems to be in part because banks are shorting the euro against the turkish lira to take advantage of the very high rates in Turkey. that could be setting the environment where it's shaking weak technical longs out of the euro who are position trading, while creating an environment for a future euro bounce. just a random thought, but wild days like this in the FX area, at the end of corrections (if this has been a correction in the euro from .96 ot .90) are often what happen.