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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (499)6/1/2003 3:24:10 AM
From: Londo  Read Replies (1) | Respond to of 666
 
Yes.

It seems weird to say this, but long term rates will probably rise in the event of a rate cut - this is kind of like a game of chess, having the ability to threaten a rate cut is more important at this stage than actually performing the rate cut itself.



To: RockyBalboa who wrote (499)6/1/2003 4:04:19 PM
From: RockyBalboa  Read Replies (1) | Respond to of 666
 
EUR buying opportunity is coming up; now it trades at 1.1710 in thin markets, off 2 cents from last weeks highs, I have no doubt that it will recover. It is entirely impossible that the EUR rallye just stops here.


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