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Re: Is cable in for a trouncing?
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Originally Posted by Habib
I like your sense of humor (or is it humour), Mick. 
On the cable being laid under-ground, I don't think the good old Reagan's days of cable at 1.03 will ever come back. It has already over-sagged and being pulled back over-head is over-due IMHO, especially after it has accomplished the heavy task of dragging Euro below 1.2000. However, I have been wrong before more often than not.  |
Do you say this for economic reasons or because a weaker currency (cable) leads to a positive COT on the USD and affects the weaker EUR by proxy?
psy
Last edited by psytrader : 03-07-2005 at 17:38.
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