Tuesday, November 28, 2006

Drifting

We are sloshing around so far today. It is not bad. Would be nice to see some fresh money come in, but I don't see any real reason to get bullish here. Today's economic news should be a good case for the Fed to ease rather then tighten. I am not a believer that the housing slowdown is going to have a drastic impact on things and in fact todays housing numbers were better than expected.

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