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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Galirayo who wrote (201317)5/8/2009 3:00:28 PM
From: Smiling BobRead Replies (1) of 306849
 
You can bet next week's headlines will read the opposite of today's news. Along the lines of; "Stocks Drop/Plunge/Plummet/Dive as Investors Question Strength of Stress Tests"
I think they've squeezed every last drop from this lemon.
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Stocks Rally on Banks Relief, Jobs Data- Reuters

Stocks rose on Friday after the government's bank stress tests fueled hopes that the worst is over for the financial sector, while news of fewer-than-expected April job cuts suggested the economic slump was easing. The market's other boost was a rally in the shares of energy companies, in concert with higher oil prices.

* Banks race to raise $75 billion- Reuters
* Fannie Mae seeks $19B in US aid after 1Q loss- AP
* The 'underemployed' get by on fewer hours- AP
* SEC chief backs 'systemic risk council' idea- AP
* The Big Lie: Stress Test Optimism Just Wall St. Propaganda, Former Bank Regulator Says- Tech Ticker
* "Naked Conflicts": NY Fed Chairman Resigns Over Goldman Controversy- Tech Ticker
* AIG shares up after lower loss but future uncertain- Reuters
* Dow Chemical to offer debt securities to cut debt- AP
* Beware Crisis' Next Wave: Option ARM Foreclosures, More Debt Defaults- Tech Ticker
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