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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.

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To: gemx who wrote (2044)	4/18/2006 7:13:29 PM
From: sammy™ -_-	Read Replies (1) of 2290

All this Fed talk. According to the futures market, the Fed imo will still raise rates in May and again in June or August. So the Fed funds rate @5.25% while the 90-day rate is 4.71 and the 10-yr rate is 4.97. Imo both will go up and this market reaction will be short lived. Even funnier is the stock market reaction. A 2% rally on this news? You've got to be kidding me!

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