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Thursday, September 29, 2005

Thursday AM

Bonds are down -15/32 and our market is off .125 so we are back to Wed. Morning pricing. Initial Claims were down but the indicator is slanted from the hurricanes. Friday brings a lot of indicators that could move our market. It appears to look like they may wash each other out but you never know! We have Personal Income ( expected unchanged ), Personal Spending (expected down). Chicago PMI (expected up ) & Mich Survey ( Expected unchanged ) to look at so stay locked. Oil Is going back up & we have INFLATION coming at our doorsteps. If it was not for all the China Imports we would be in big trouble right now. They have kept our cost down .

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