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Wednesday, November 30, 2005

Wednesday AM

Bonds are drifting off again at -6/32 and our market is now off .125. from this morning. Possible rate changes so be careful. Remember this rally will not last and rates are going up. The Fed talk at 2 PM EDT about the economy so be ready. GDP was up at 4.3 and Chicago PMI was down at 61.7. It was a wash. Do not be fooled into thinking rates are going to stay LOW. They will be going up.

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