8.08.2006

FINALLY OVER


Thank goodness all the blather is over and Big Ben did the expected and paused while giving us more dovish language in that he expects inflation to moderate.

Even with all the good news from Ben the markets have turned south to new lows for the day after an initial trade higher. I will take full credit for those who shorted before the news and don't remind me of any prior lousy advice.

Final note, we can now go on vacation for the rest of the summer without the fear of missing something important.

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