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Word On The Street: The Day Ahead

Time for our look at the day ahead--with "Word on the Street." On this morning's "Squawk On The Street" --CNBC’s Mark Haines spoke with Peter Costa-Senior Managing Director at Lipari Partners.

Costa says he's going to develop his own theory--"Costa's Theory of Economic Confusion" -- from this week's information. He says it's kind of hard to figure out what direction the market will move today.

He added that he's been a bull all year and he expects markets to go higher for the rest of the 2006.