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Daily Trade Posts

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Wednesday, March 17, 2010

Producer Price Index

This morning there was an announcement on Producer Price Index, which is an indicator of inflation. The numbers came in better than expected, but the market didn't move very much...probably due to the Fed's statement yesterday. Their statement seems to overshadow the other announcements a few days before and after. Anyway, I won 0.5 points (5%) and Lance broke even on the trade.