seems to be daily occurence. cash closes lower. futures trade it all back on low volume. i wonder who that is. ppt?
Can't wait for the CPI bet it shows ZERO inflation, wall street will cheer hip hip hurray, they fed may lower rates, buy buy buy.
Look no inflation! presto! Just you never mind about that price of oil, Ben all ready said high oil has not caused a recession.
CPI was slightly higher than expectations, core matched expectations. Housing starts worse. Market reaction is pretty muted.
I exited way to early. I just wonder what that clown Bernake is going to do. The data says no cat what so ever. He might just cut any way and oil will zoom to 100. Then we all will be screwed.