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[bigworld]

gfp: Well they tried to bounce us upward earlier today but I see that mini rally has faded with the CPI slightly higher than forecasts. The Russell is close to being down 30% from it's all time highs. The Nasdaq must be about 25% below it's highs. The Fed is supposed to start selling $45 Billion of it's Treasuries and MBSs a month starting in June. If they go through with their stated plan it will b e interesting what happens to interest rates.