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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (172114)	12/17/2008 4:45:19 PM
From: BWAC	Read Replies (1) \| Respond to of 306849

<<News out Chrysler announcing they're idling all plants for 1 month>> Thats bullish! Normally such a headline would cause a 500 point drop overnight. But not now.

To: Smiling Bob who wrote (172114)	12/17/2008 6:20:06 PM
From: Think4Yourself	Read Replies (3) \| Respond to of 306849

Chrysler idling ALL plants through January. GM idling 21 plants through January. Ford idling all plants through at least the first week of January Honda, Toyota, Nissan idling North American plants. These plants each employ thousands of people. This is going to hurt...a lot. I mean a HELL of a lot. The suppliers will have to follow suit. The supplier's suppliers will also have to follow. The shippers will follow. This is going to ripple throughout the economy. Economic numbers are going to tank big time next quarter. With the largest manufacturing industry shut down for at least 25% of the quarter we are going to see all time record drops. I am SO glad I sold all my trading positions yesterday!