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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.100.0%Jan 23 4:00 PM EST

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To: robert b furman who wrote (2441)4/14/2010 12:42:14 PM
From: Kirk ©1 Recommendation  Read Replies (1) of 222294
 
I always appreciate your tid bits from the real world about who's buying what.

Before CA fell into a sh*thole from spending too much on union pensions to reward decades of voting in those who would bankrupt CA by allowing its employees to get pensions from 2 or even 3 government jobs... Our Governator Arnold tried to get infrastructure built for NG. Now he spends all his time trying to figure out what "vital services" to shut down rather than reduce salaries and tell all the union folks they will be placed on social security like the rest of us and they'll have to work for their money beyond the age of 50...

Funny, but CA and even the US seem to be following GM's model where those at the top gave away the future. Makes me wonder if CA and other states and municipalities will find bankruptcy the best solution or will Obama bail them all out?

rant off...

I think our tech stocks are on their second leg after Intel's great results before the corporate upgrade has even begun.
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