[bazanster2]

"For the first time in a year, Tuesday's Federal Reserve policy meeting could surprise investors.

By Alexandra Twin, CNN/Money Staff Writer


"Expectations remain for the Fed to boost rates this week by a quarter-percentage point,
the 11th such move in a row"

"Chicago Fed president Michael Moskow implied that the Fed must continue raising rates so as to
counteract the increased risk of inflation, from both rising energy prices and other stimulative factors."

Statistical indicators suggest 84% of traders expect an increase.
Am assuming that the current hardships of higher oil and Katrina will prompt
statement seeking to ease the Markets.

Another opinion:
"Given the price of oil, the effects of Hurricane Katrina and the war in Iraq, what does the
Fed think it has to lose by pausing after 10 rate hikes and waiting for more data?"
said Michael Farr, president and chief investment officer with Farr, Miller & Washington,
an investment firm in Washington. "The Fed should pause rather than run the risk of sending
the economy into recession."

"NOAA expects an additional 11 to 14 tropical storms from August through November,
with seven to nine becoming hurricanes, including three to five major hurricanes."

Note: Tropical Storm Rita headed towards Florida, Ophelia north of Maine and Phillippe coming
North from South America.

Katrina may very well be the most expensive storm ever, that how damaging it has been.
Have to be looking for higher inflation numbers down the line.
Another 200 Billion.
Then the Fed will be harder pressed to contain rates.

Not expecting a big day unless the Fed pauses due, Traders have key number due Tuesday.

Very Negative Future Indicators which is contrarian.
Expecting a good number from Nike too.

Nike (Research) reports quarterly earnings Monday morning. The sneaker and clothing
retailer is expected to have earned $1.42 per share, according to Reuters forecasts,
up from $1.21 a year ago.

Going with UP on Monday.

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Gold has been rallying hard and should continue for a while.
These Gold Stocks have been running well the last 30 and would
generally benefit from a bullish Market:

CAAUF............733.33%
ARXG..............100.00%
USGL...............31.38%
FKLR.................50.00%
GWGO...............80.00%
AEMLW..............27.27%



gl,

baz