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

To: patron_anejo_por_favor who wrote (184535)2/17/2009 10:29:08 PM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
maybe GE will pop on this tomorrow....

off the wires, no link yet:

Tuesday, February 17, 2009 8:42:10 PM
General Electric Co-- WSJ is running the headline "GE poised to lose top credit rating"
- The article notes that the difficulties at GE's finance unit (GE Capital) are spurring scrutiny of its hold on triple-A status.
- Moodys has said it may cut the rating, while S&P placed GE on negative outlook.



To: patron_anejo_por_favor who wrote (184535)2/17/2009 10:48:50 PM
From: James HuttonRead Replies (3) | Respond to of 306849
 
"I'm not in TBT yet, although I'm sniffing at it."

I'd avoid TBT unless and until the gov. clarifies its position on buying 30-years. I think it's inevitable and will come relatively soon.

NG chart looks like crap and could be heading back for the twos. At that point, it's load up the truck. All MHO.


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