Tuesday, December 22, 2009

GOOD NEWS AND BAD NEWS ON MORTGAGE MODS

LOAN MODS AND DEFAULT RATES FROM CNN

Also: BDI still in downtrend. 10yr rate at 3.68% seems to have broken out.

Home sales report this AM is expected to show improvement, but it is on life support from the government, how much longer can this last?

Key level on SPX to be challenged this AM 1120, a close above could signal another leg up in process.....even with US $ rally GAME ON from the GAMING CROWD still in vogue,

D

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