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Monday, April 04, 2005

Monday Sloooowww AM

Bonds are at the high of the day at+6/32. Our market is FLAT. No indicators this week except claims (expected down) and wholesale inventories (expected down) Thursday. Watch for oil prices and the dollar this week to move the market . Oil is now over $58 per barrel (new high!). This smells just like INFLATION. The Feds are very worried about the oil problem. It could kill a economy fast (higher RATES). Stay on track and keep your loans covered because the risk is higher now than the potential gain . Enjoy the week.

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