Wednesday, September 12, 2007

September's anxieties...


Keep this seasonality in mind as we enter next week with a FED meeting that many expect to reduce the fed funds rate by .25 to .50%. This is not a sure thing however.
Furthermore, the S&P continues to trade around the 200 day moving average in a range between 1400 and 1475.
more later when I return to town.

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