Re: [RCSE] "I pity the 'buyer' who waits another day to buy his new Euro Moldie!'

[tony estep]

----- Original Message ----
From: Jay Hunter <[EMAIL PROTECTED]>
You should have sent this out a year ago....
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Actually the Euro's low point was in 2002; at one point it was $0.80. Its most 
recent climb began in late 2005, from about $1.18. Since then it's been just 
about a straight-line climb to its present level at $1.57. And after today's 
Fed extravaganza, they'll have to follow up with a cut at least 50 bp from 
where we are today, so the pressure ain't gonna let up.