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  1. The calm before the Fed


    Neither the bulls nor the bears were willing to trade with any conviction yesterday as it was a quiet day in front of the two-day FOMC meeting which starts today. The indices were mixed with the Dow dipping 22-points, while the S&P 500, Nasdaq, and small cap posted small to modest gains. The Transportation stocks were down.

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S&P 500 (C fund)
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Dow Completion (S fund)
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EFA (I fund)
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Bonds (F fund)
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