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Sunday, September 16, 2007

Entry for July 11, 2007

It appears today the market is acting more rational. Interest rate Yields are reacting as expected to the recent news. Though i would expect yields to eventually settle slight above 5.00, a higher estimation than before due to the pricing in upcoming events in the economy. Again the today the stocks rose, but barely scratching resistance levels. Everyone will be watching closely to see if the markets can break through. I predict that the markets will stay in this trading range for a while longer before continuing upward...

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