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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (5222)1/16/2004 11:31:04 AM
From: Louis V. Lambrecht  Respond to of 110194
 
Slowly thinking this is a sell the rumors, buy the facts. Even if a rebound in the Euro would be short lived, a double top 1.29ish reversal is, IMHO, most likely.

ECB still need ammunition in the case China would revaluate the Yuan (this is the entry ticket to the WTO, IMO).
Hence, rate cuts would be reserved to pare for China's policy.