- Sold a little more right ahead of the Fed announcement. Just cuz. Seemed like a probable catalyst for profit taking.
- Is Detroit on the brink? Domestic auto makers having a rough go of it, churning out gas guzzlers when Americans were paying over $3 a gallon. . Another overlooked thing might be forward sales. Remember when automakers were using 0% interest loans and other discounting to move cars? Maybe that bit into future sales.
- Freakies statement out, as expected. Not much. Market selling a smidge, but nothing dramatic.
- Lunch. WWJD: What would Jarrod do? Subway.
Wednesday, September 20, 2006
Fed Status Quo
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