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Re: GLENO34 post# 20064

Tuesday, 12/22/2009 2:33:50 PM

Tuesday, December 22, 2009 2:33:50 PM

Post# of 31925
GLENO34 - From Bloomberg today--On the inflation front, the GDPI price index was bumped down to a 0.4 percent annualized pace from last month's estimate of 0.5 percent and compared to the market forecast of 0.5 percent.

I don't see any inflation. I am still in the deflation camp.
I see a drop to about 1104 and another bounce to 1125 or so and then the rally should be over.

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