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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (288207)11/1/2010 10:58:44 PM
From: Smiling BobRead Replies (2) of 306849
 
In the real world, we should drop 90-100 tomorrow, but they won't let it. More likely stay flat to slightly green with a eod boost as we patriotically cheer on the USA.
GSE automakers facing similar destiny
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Nov. 1, 2010, 8:29 p.m. EDT
Japan shares fall; autos sink on drop in sales

TOKYO (MarketWatch) -- Japanese shares fell Tuesday morning in Tokyo, with auto makers trading mostly lower after the Japan Automobile Dealers Association on Monday reported a 26.7% drop in domestic sales of new vehicles in October from a year earlier. The Nikkei Stock Average (NIHON:JP:NI225) fell 0.1% to 9,142.79, and the broader Topix shed 0.3% to 800.90. Shares of Honda Motor Co. (TOKYO:JP:7267) (NYSE:HMC) lost 2.3%, and Mazda Motor Corp. (TOKYO:JP:7261) (PINK:MZDAF) was down 2.5%. Elpida Memory Inc. (TOKYO:JP:6665) (PINK:ELPDF) saw its stock drop 3.9% after the chip maker said it expects to report a second-quarter net profit of 8.8 billion yen ($110 million), down from a first-quarter profit of ¥30.7 billion. Elsewhere, South Korea's Kospi (KOREA:XX:$SEU) traded nearly unchanged in early dealings.

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