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Theo

09/21/11 5:06 PM

#447 RE: Stock #446

"The CRE index got murdered after the Fed announcement"

Which is suppose to drive down long-term interest-rates supposedly (swapping short-term for long-term notes) thus making mortgages more affordable... all from Bloomberg.

The market so far has shown it's displeasure by puking up another 2-3% of value.