Alcoa--Wow

From 44 to 9 in 5 months. From 32 to 9 in 8 weeks. It's a Dow component, too. I'm beginning to think, for the first time, there's a strong possiblity of something more than a moderate recession brewing. I would wager plenty that F and GM may not make it. There's gotta be a reason for the XAU trading where it was with gold at 275-300. Looking across the board the market sees something coming that's a lot worse than many think. I'm thinking GM and F do not make it. This could be a fairly large default for the corporate bond market. Then agian, I think their bonds are already discounted severely. The future is so unknown right now and they are putting a discount on everything.

From 44 to 9 in 5 months. From 32 to 9 in 8 weeks. It's a Dow component, too. I'm beginning to think, for the first time, there's a strong possiblity of something more than a moderate recession brewing. I would wager plenty that F and GM may not make it. There's gotta be a reason for the XAU trading where it was with gold at 275-300. Looking across the board the market sees something coming that's a lot worse than many think. I'm thinking GM and F do not make it. This could be a fairly large default for the corporate bond market. Then agian, I think their bonds are already discounted severely.

The future is so unknown right now and they are putting a discount on everything.

before this downturn is over there will be one car company, two airlines and three banks...and they will be owned by the government .

ed rader

ed...disagree I think one car company one airline and four banks...LOL

Cirrus Indeed, very scarey out there. Everyone needs to be on guard. Rallys will come and go, but, we could be in for a long period of sideways action for perhaps years. Nations going belly up. Large companies nearly gone. Banking system hijacked using the govt capitalization billiions not to loan, but, to buy other banks. Not pretty at all. The gods appear to have abandoned us. Best to you

In the very near future, this will be part of the official US Government web page.

ed...disagree

I think one car company one airline and four banks...LOL

There will be only one bank: Bank of Hank

ed...disagree

I think one car company one airline and four banks...LOL

There will be only one bank: Bank of Hank

call it hanky banky