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axelrod608 » Comments » AGIBY.PK

  • Wall Street Breakfast: Must-Know News [View article]
    >> "taking over the assets, not the companies, of the (not so)Big 3?" >>
    Globally, auto production capacity far exceeds demand IF - there's that word again - IF the global slowdown continues. The one factor in their favor is that US automakers already make vehicles that meet US requirements while most others don't. The capacity exists to just import cars from elsewhere but only if the federales waive US requirements.

    Here's guessing the feds won't and if US auto companies fail, their assets will be bought out at tenths of a penny on the dollar.
    Dec 22 11:31 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Good reporting, disturbing news. The only "bottom" is the one we're sitting on. I really hope I'm wrong, but the circumstances we're taking into 2009 look seriously weak and fatally flawed.. And if some strength isn't found soon, 2008 may look real good in comparison this time next year.

    The current weak rally is giving us a welcome holiday break from a challenging year. It does not appear to have legs.

    All I want for Christmas is MY zero interest rate loan.

    Happy Holidays to all.
    Dec 22 11:22 am |Rating: 0 0 |Link to Comment
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