[rohry]

"The Stock Market has been going sideways for over a month now, Treasury Bonds have been in consolidation since the sharp break in early October, the US Dollar has gone sideways since July, gold has been consolidating since the high reached in June, and the CRB Index has been catching its breath for the last three months after marching higher all year long."

[rohry]

Market WrapUp is delivered...

[RightWhale]

going sideways . . . in consolidation . . . gone sideways . . . consolidating . . . catching its breath

So it shall be until the end of January. Not everything can be as dynamic as GNMA.

[steveegg]

Sounds like general malaise to me as everything has found a temporary "happy medium".

[Cicero]

Gold is back up, testing the heavy resistance levels again around $330. We'll see if it breaks through or still needs more time.

Contrary to the argument here, I think the long bond is due to head up again, at least for the short term.

[Doctor Stochastic]

ie-radio or something like that was all over this story. They claimed that the "criminal" Bush clan announced the resignations to cover up the unemployment reports.

Of course, they also don't want Kissinger investigating the airline attacks of 9/11/2001 either. And they really were angruy that Phil Gramm might become TSec.