Posted Monday, June 18, 2007 @ 12:01 am by Dr. Wish
GMI: 6; short rates indicator plunges
The GMI remains at 6 and the QQQQ is in its 52nd day of its up-trend. Furthermore, the short term interest rate indicator I have been writing about plunged on Friday. 
The sustained down trend in this indicator suggests to me that the next move by the Fed will be to lower rates.
See my disclaimers at the bottom of my prior post.
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