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To: yard_man who wrote (163725)	5/3/2002 3:55:38 PM
From: Haim R. Branisteanu	Respond to of 436258

No one got punished for taking profits <GGG> European statistics are lagging the US most sentiment indicators are not even above 50% or barely above it. France is in decline, Germany has a strike on it's hands ..... the IG workers (includes metal and high tech) Italy the same ..... so take your bets ........ IMHO 89 to 90 would be a adequate price with current economic conditions. Germany is on hte verge of over 3% budget deficit the EZ limit .... a stronger EUR will lower their export business.... In fact I am amazed that the US is well above 50% in their reading, my guess was that we will dip below 50% and catch on with Europe ........ but it does not seems so