I think this is funny... we are in a 30 pt spx range for the past 3 days... Massivly oversold yesterday, then this crazy overbought.. and that gap... that is not going to hold, but those shorts who wanted it to close today... get to take it in the ass.
FUCK THE GM AND CHRYSLER bond holders... Employess are not Risk Takers... you wipe out the Stock, the bonds, the secured bonds, wipe out the creditors, Wipe out the Warantees, Liqudate the assets, THEN THE EMPLOYEEs lose. They are not part of the risk structure.
the bond holders are going to go to zero, and cnbc will blame it on obama.
Friday, May 8, 2009
so
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