2pm

i guess investors are waiting for the 2pm beige book.

 

beige book

modest expansion.

vehicle sales sluggish

housing sluggish

retail sales hanging in there

 

Expect dovish fed statements soon.

Cuts coming.

 

If thats the catalyst for the market, thats sad. I dont think there is a cut in rates until end of 2007. BULLs ARE HOPING for anything now to keep this bull market intact.