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FinancialsGuru

  1. Jobless claims drop to 3.5 and there were fewer foreclosed homes. Current deficit fell to $110.3 billion.
  2. The market will be choppy until the euro debt issues have a plan in ink. S&P up a little so trade recc did go out. Econ data not so bad.
  3. Corzine of MF Global on the hot seat in Washington today. He will be grilled by 46 members. Does he just plead the 5th?
  4. Obama wants to tax payrolls? Salaries are down and people are working harder. Let's really stick a fork in them.
  5. How can the IMF bailout all of these countries at the same time?They cant! 10 yr for Italy is over 7.30.They cant pay that for too long.
  6. S&P up 40 points. Anyone get a look at dried ink on the Euro bailout? Short covering taking place which is a reason for rally.
  7. Mrkt could selloff. State & local gov. are struggling. Jobs are not being created. Eur. still has no solution. Mrkt up becuz of CAT.
  8. Spain and Italy downgraded by Fitch. Market selling off.
  9. There is fear that banks could be holding large amounts of sovereign debt. S&P is down 23.
  10. Jobless claims under 400k is good but needs to be under 375k to show growth.
  11. Investors buying into the possiblity that euro crisis will be diverted. Mrkt up 300pts.
  12. Wall St expects a bull rally soon. I'm not buying it. Europe still has ways to go.
  13. Investors staying away from anything attached to Europe.
  14. Growth forecasts are cut for 2011 and 2012. Recession numbers elevating to over 60pct chance now.
  15. May we never forget 9/11or our fallen. God bless!
  16. Wall St remembers 9/11! We will never forget those we lost and we will always move forward!
  17. Now experts are saying 50pct chance of a recession. Might as well act as if there will be 1.
  18. The gov could block AT&T merger with T-Mobile. Taking too much competition out of the market.
  19. BOA sold half its shares in China Bank for 8.3 billion. This shows a leaner bank with Buffetts support.
  20. If Germany loses triple A rating we have issues. Next shoe to drop is China.