Saturday, October 13, 2007

Oct 8th -13th wk 2007 Review

Bonds finished up close to the same level they began the Holiday shortened trading week. The economic reports such as the Fed Meeting Minutes, Retail Sales and the Producer Price Index had Bonds dancing around the 200-day Moving Average every day this week.

Next week's scheduled economic reports will influence Bond prices as well as the direction the Fed may take at the next Meeting on Oct 31st. We'll keep you posted on how Traders handicap the Fed's next move.

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