The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (260213)	7/12/2010 8:57:14 PM
From: James Hutton	Read Replies (2) of 306849

We'll see when they juice the futures overnight. That may bring in volume. AA beat earnings that had been lowered. Time-honored WS move. CSX is probably a bigger story than AA. I shorted some XME today in anticipation of a down move on AA. May cover in the AM if we exceed Friday's high. OTOH, China's dumping their excess, high cost steel here (new story, huh). Coal prices are down. Copper looks like it's bottomed for now, but still huge inventories, at least in London. BDI down since the Pleistocene. So, any AA/rail/materials rally on tonight's earnings may be short-lived.

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