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#1 relax

relax

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Posted 01 May 2007 - 02:53 AM

Well 13.000 was never really any resistance, today we'll get the test of 13.000, go a bit below and Fed printing machine starts again ;-) With yesterdays very poor figures for consumer spending for april, I would not be surprised if things get even worse in the second quarter May and June will be big months especially as they are taking place against a the backdrop of very low economic growth but today seems like a good buying opportunity, especially if ISM figures is above 51