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THE GREAT RACE

After hearing that the Fed left interest rates unchanged, confident investors are honoring the equity equines at parties and parades everywhere this Memorial Day. Leading the holiday parade with gains of $129, $292 and $118, OTC, Blue Chip and Lipper Mutual held on to win, place and show. Lipper International brought the threat of rain with a loss of $14 but remained in fourth. Money Market, EE Bonds, and 90-Day CD, steady but boring, conservatively chose to visit the war memorial instead of party with gains of $9, $9 and $8 for fifth, sixth and seventh places. Silver and Gold were dragged to the parade with losses of $152 and $35 for eighth and ninth places. And though 30-year T-bond wants to celebrate the official beginning of summer, gaining $54, he can't seem to get out of last place.