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Strategies & Market Trends : Befriend the Trend Trading
SPY 659.00+1.0%Nov 21 4:00 PM EST

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From: Dr. Stoxx2/21/2007 2:09:53 PM
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14:02 Fed says economic expansion remains 'resilient', says data suggest 'leveling out' in housing



14:02 TECHX Market View: Dow slides 20 points after Fed minutes (12738 -48) -Update- -Technical-



14:01 All FOMC members agreed to stress 'inflation risks remained'



14:01 FOMC participants "optimistic" risk of larger housing contraction diminished, drag on growth to ease



14:01 FOMC: Energy, Import Prices, Rent should ease inflation



14:01 FOMC Members mulled whether balance of risks wording was best way to show views, decided no change needed



14:01 FED--maintaining current policy likely to foster moderate growth, gradually reduce core inflation



14:00 Fed cites risk that savings rate may fail to rise as forecast



14:00 Fed - Good news on econ activity, inflation, point to smaller growth risks, better core price outlook



14:00 FED--Failure of inflation to moderate as expected could impair economy's long-term performance



14:00 FOMC decided against dropping tightening bias, minutes show



14:00 Fed Minutes: Jan FOMC particpants didn't see downtrend in core inflation as definitively established




13:57 Reminder: FOMC Minutes will be released in approx 3 minutes



13:54 TECHX Market View: Indices pull back off midday highs and slip into the red but holding near midpoint of today's range -Update- -Technical-

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