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SPDR Dow Jones Industrial Average ETF Message Board

  • mghzhombre mghzhombre Jul 2, 2007 4:17 PM Flag

    10 yr. bond went to 4.99% which in reality

    was flight to quality. The dollar tanking as the mmkt got a spark from the low interest rate + the ism #. Being ignored as usual is the rally in oil @ 71.09/bbl. In addition the % # has increased to a 505% chance that @ the next FOMC we could get a .25% hike if not then at the next one (75%). Indicating that we're in store for a surprise in either the PPI or CPI or both. Employment should continued strong with a increases in the wage component due to a tight labor market. All this = a market dislocation soon.

170.37+1.42(+0.84%)Oct 8 4:00 PMEDT