Tuesday, May 10, 2005

NO FUTURES IN TODAYS MARKET

The markets have that calm before the reality sets in feel. Higher rates. Higher oil. Post Bubble over expansion from the hyper-liquidity experiment. An expensive and unwinnable war. Debt and Deficits out of control.....it's all so 70's!

Yet the market is a "living thing," it will continue to "breathe"......but the ying yan of it's cycles are unlikely to inspire investors to buy.

Even as CD bank rates go up every week now.......