Louise Yammada speaks and we shall of course listen!
Finally CNBC has allowed us lowly bloggers to embed their video. Glory!
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a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
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Dow 4000 implies the stronger Dow stocks will colapse as well.
GM + C have little effect on the downside any more. GE going to 1 will knock perhaps 45 points off the Dow. So MMM, JNJ, XOM, IBM etc are where the biggest drop must take place for a Dow 4000.
Meanwhile the Obama Administration's Economic team's efforts have come under harsh critiques from 2 influential economists tied to government ( Former Fed Chairman Volcker and St. Louis Fed Pres. Hoenig) as well as former Fed Vice chairman Alan Blinder and liberal economist Paul Krugman.
http://www.nytimes.com/2009/03/09/opinion/09krugman.html?ref=opinion
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