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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (2180)4/7/2010 4:12:02 PM
From: sandeep  Read Replies (2) | Respond to of 220811
 
Sure. I am still under water on a short from 1165. Full disclosure :-)



To: GROUND ZERO™ who wrote (2180)4/7/2010 4:12:47 PM
From: Hawk  Respond to of 220811
 
The consumer is alive and well, maybe not.

Consumer Credit Plunges $10.5 Billion, Expectation Was $0.5 Billion, Consumer Credit Back To June 2007 Levels
Submitted by Tyler Durden on 04/07/2010 14:14 -0500

Consumer Credit

So much for that "consumer is now releveraging" inflection point. Both revolving and non-revolving credit slides.Total credit down from 2,459.4 billion to 2,447.9 billion. Revolving credit down from $867.6 billion to $858.1 billion. We are now at June 2007 levels.