Thursday, January 29, 2009

Sigh...

Oh happy days...

Boeing (5500 job cuts to add to the 4500 announced in December), Ford Credit (1200 jobs) and now Kodak says its going to cut 18% of its workforce (4500) jobs.

But other than that the world looks hunky dory and equities should head up?!

I didn't think so, I think the enthusiasm for this bounce is drying up quickly.... Remaining short Sasol

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