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To: Investor2 who wrote (83239)	1/12/2000 6:19:00 PM
From: Defrocked	Read Replies (5) \| Respond to of 86076

Higher still, possibly 7% by mid-Feb. Tomorrow's PPI is extraordinarily important from my view. The top end of expectations is .4% with .3% the consensus. FWIW I'm betting on .5%. Credit demand is still quite high while the Fed cannot continue pumping at last month's pace. Many bond players are looking for 3 hikes this spring; 50 bps is already discounted. Any rally off of a Fed 25 bp hike Feb.2 will probably be sold as 6.5% now appears to be the new floor. Good luck Mythsters. I'm travelling the balance of the week and am also cutting down on my SI postings.