Wednesday 7/16/08 ... Down Already

We've lost 5 ticks in the last 5 minutes.  Treasuries have lost four ticks.

Some of this may have to do with a new report just out showing that Net Capital Inflows from foreign investors pulled back investment in the US in May.  Also, industrial production, in breaking news, came in better than expected.

If your outlook is short term and if you have the ability, locking right now could save you some money.  As discussed yesterday though, if you have a few weeks, don't panic just yet...