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To: AugustWest who wrote (11794)6/2/2003 1:19:36 PM
From: Louis V. Lambrecht  Respond to of 39344
 
I wouldn't bet on a move of the EUR vs. the Dollar based on Thursday widely expected cut.
Cut or not, both Dollar and EUR have structural problem, IMVHO.
So, I am expecting a kneejerk (cut or not, up or down) to last less than a week, then back to the longer term trend.