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To: MythMan who wrote (347684)11/6/2007 8:25:26 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
This chart says the money center's bank issues will be
positively resolved, unless that line breaks. I can't guarantee
years, but it could be at least a month or two -g- Naturally,
if and when it breaks, these issues will become more real than
they are now, as the line will become a strong resistance, and
the next set of lines is around 2002-2003 lows -g-



To: MythMan who wrote (347684)11/7/2007 4:24:12 AM
From: Real Man  Read Replies (3) | Respond to of 436258
 
GM's new book value per share is now -75.
Yes, that's a minus sign. This little writedown
subtracts 69 per share from GM's current book
value per share, -6. Yes, that's also a minus sign.
Are they gone now? What about 300 billion in derivatives
tied to GM debt? That mattered back in the Spring 2006.
Will it matter now? I think GM stock might get seriously
Enronned today. That on top of the currency crisis we
are in now. Hmmm... We may need to rethink the BK. It
appears the RealMan is here.