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No let up in sight with the short end, as the marketplace has four more
rate hikes baked in the cake for 2005.
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As the only major player still raising rates, the draw for a higher
return is leaving it's mark.
With German Unemployment At 12%, the old Mark is losing its luster.
Oil losing $48 opens the door for a return trip back to the breakout
area around $32
Same for gold but the pain is more severe as there is little basing
below $350-376
and a round trip back to $272 is possible.
Kevin B. Bantz
http://kevinbantz.com
Yahoo Messenger:
mrkbantz
(AOL-IM) iChat:
mrkevinbantz
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