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To: Ms. Baby Boomer who wrote (1625)	12/28/2003 3:00:24 PM
From: Ms. Baby Boomer	Read Replies (1) \| Respond to of 1750

Recent Strength Could Set Up Another Pullback... Friday December 26, 8:00 am ET By Dick Arms, Special to RealMoney.com On the New York Stock Exchange, the 10-day moving average of the Arms Index is at the lowest level we have seen since mid-October. The same is true of the five-day. That is confirmed by similar extremes in the Nasdaq moving averages of similar durations. They are all reflecting the strength of the last few days. From similar readings in October, we had seven trading days in a downtrend before the advance resumed. Usually, one would have expected more weakness after such a reading. Perhaps that is all we will see here, but usually it leads to a larger pullback. Regardless, though, the indication is that we are likely to see at least a temporary slide in the next week or more.... biz.yahoo.com

To: Ms. Baby Boomer who wrote (1625)	1/29/2004 11:09:13 AM
From: Ms. Baby Boomer	Read Replies (1) \| Respond to of 1750

Yesterday's updated FOMC statement... The Federal Open Market Committee decided today to keep its target for the federal funds rate at 1 percent. The Committee continues to believe that an accommodative stance of monetary policy, coupled with robust underlying growth in productivity, is providing important ongoing support to economic activity. The evidence accumulated over the intermeeting period confirms that output is expanding briskly. Although new hiring remains subdued, other indicators suggest an improvement in the labor market. Increases in core consumer prices are muted and expected to remain low. The Committee perceives that the upside and downside risks to the attainment of sustainable growth for the next few quarters are roughly equal. The probability of an unwelcome fall in inflation has diminished in recent months and now appears almost equal to that of a rise in inflation. With inflation quite low and resource use slack, the Committee believes that it can be patient in removing its policy accommodation....