03/26/2007

Steady Eddy Feddy

Hello:

Last week, the Federal Open Market Committee (FOMC) met and kept interest rates steady, which helped to ignite a 150 point rally in the Dow Jones Industrial Average. The accompanying meeting notes released by the FOMC indicated that interest rates were unlikely to be raised in the near future.

This occurrence is in line with our past and current opinion that interest rates are very likely to be help steady this year, and very likely to be lowered slightly next year. Naturally, our opinion is subject to change based upon incoming data, but so far, so good.

We will be traveling on business beginning Wednesday, March 28th and returning to the office on Wednesday April 4th. We will be checking our voicemails and emails as frequently as possible. The next e-Update will be sent on April 9th.

Terri G. Millson, CIMA, CIMC
President

Ray Dicius, CSA, GEPC
LPL Branch Manager