Damn did the horseshit Inflation numbers come in even higher than expected....
overnight libor 4.3 looks like it could bottom at about 4.2%
4.99 3month libor.... Not showing a bottom yet (this just means I can't speculated on when the decline of it's downward move... most optimistically 4.8-4.85
don't you wish I tracked the spread.... that looks to me like it's maintaining the same spread with the fed fund rate, as pre fed cut.
1.446 is a great rate for the dollar euro... haven't seen that in months.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, December 14, 2007
13200 Here we come
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