Loyal readers, I do NOT like the action today!
what bothers me most, have you noticed after early PM rally to induce in new meat, bonds had rallied quite a bit.
Now selling has INTENSIFIED again and Bond prices are at worst levels (yield recovered).
Market is on more shakey ground than most understand, IMHO
WHat is happening to GM, higher costs
DETROIT (AP) -- General Motors Corp., the world's biggest automaker, slashed its earnings projections Wednesday for the first quarter and the full year, citing lower North American sales and production, an inability to raise prices and higher expenses for items such as health care. Its share price tumbled to its lowest level in more than a year
WATCH the close friends, WEAK there, the big money is selling IMHO
Duratek.
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