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Non-Tech : Bill Wexler's Trading Cabana

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To: ggersh who wrote (4797)	1/22/2009 9:36:05 AM
From: RockyBalboa	Read Replies (1) of 6370

Well.... Not exactly followthrough today, but with this kind of news? More interesting is that banks are mostly brushing off the bad news. JPM turned green. >>>>>>>>>>>>>>>>> Housing Starts Drop to Record Low in December- AP The government says new-home construction plunged to an all-time low in December, capping the worst year for builders on records dating back to 1959. The Commerce Department reported Thursday that construction of new homes and apartments fell 15.5 percent to an annual rate of 550,000 units last month from November. New jobless claims rise more than expected- AP Microsoft to slash 5,000 jobs, misses on 2Q profit- AP etc....

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