Monday, August 07, 2006

gee wiz waiting on the FED

Once again we find ourselves just waiting on the FED .If the indications are that the FED is finished and past rate increases have done there damage or should I say done there work and of coarse the FED makes this all to clear ,then perhaps the ground would be set to make some headway . If on the other hand the FED continues to follow a course of never ending rate increases you can kiss this market good bye until the end of October. Many investors will choose short term CD’s over stocks .

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