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Re: MWM post# 1351

Tuesday, 12/23/2008 7:01:50 AM

Tuesday, December 23, 2008 7:01:50 AM

Post# of 7196
Moody's downgrade and other analysts need to go away. They invoke more fear in markets and have no use after so many found committing fraud for pumping corps falsely... So why listen to them?

Yesterday for example, and Cramer even stated this too, they are donwgrading good companies as they are again this morning too who have cash, assets and strength & products needed long term, so none of the rating agencies make sense.

To see them downgrade Dollar General yesterday because they made like 78% return in 2007 makes no sense- that is wonderful news for DG!!

Same with GM and F and others who are diversified globally today, have massive assets behind them, and now $Billions of additional capital at their fingers to utilize. GM can easily streamline costs to not even require use of much of that available loan facility they are given.. So yes this stock is way oversold at this level. We are seeing low volume at year end and this is all with rating agencies putting out nonsense statements to scare the public more...

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