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Monday, April 18, 2005

Monday Quiet

Today is a qiuet day with bonds at +11/32 and our market is flat. Tuesday bring PPI (expected up) along with Housing starts and building permits(both expected down). We could see mixed numbers of INFLATION and the economy slowing down. The Feds will not like to see that. As long as the stock market continues to get beat up we will benefit from lower rates but when it tapers off we will feel it. Enjoy our rally from last week and lock into it.

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