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IBDvalueinvestin (99.66)

Beige Book notes about to be released: This could be market moving

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6

June 10, 2009 – Comments (6)

information, so tighten that seat belt . We are about to go for a ride.

6 Comments – Post Your Own

#1) On June 10, 2009 at 2:30 PM, goldminingXpert (29.55) wrote:

I see red. I like this ride.

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#2) On June 10, 2009 at 2:46 PM, scorp1us (< 20) wrote:

Sorry, I am newbie. Where can we read about it?

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#3) On June 10, 2009 at 2:53 PM, isusan (< 20) wrote:

Beige Book

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#4) On June 10, 2009 at 3:09 PM, ChrisGraley (29.74) wrote:

WTF?

stocks are slightly climbing after the beige book?

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#5) On June 10, 2009 at 3:35 PM, IBDvalueinvestin (99.66) wrote:

Stocks should surge after the data from the Beige book shows Weak data.

Why?

It means that all the speculators selling stocks to buy Bond yields are wrong about rates rising in 2009.

Interest rates are not going to be rising till well into 2010.

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#6) On June 10, 2009 at 3:59 PM, IBDvalueinvestin (99.66) wrote:

Told you stocks will surge, from down -115 at 2:00 pm to only -29 2 minutes before the close.

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