Today might be just the calmness before the storm, it’s the perfect end for a week that lacked major economical fundamentals, and the perfect staging area before we get into a very busy week, the long waited week, where we have GDP reading for the fourth quarter 2007, the FOMC rate decision, and the jobs report at the end of the week, not mentioning some important inflation indices like the PCE and all spending data, the ISM indices and the ADP employment report. Next week will be an important determinant for market directions and will set the bath for the U.S. dollar once and for all.

Today we are gonna have to wait and see, today is the day for preparation and holding the breaths, it's the day for building theories and ideas, all arming with all weapons to fight in the great battle next week, so you might as well dear reader get prepared and fully armed.