You’re Fired!!

obam+and+wagner Youre Fired!!The government is asserting its “ownership interest” in GM and has requested the head of Rich Wagoner. Will Ken Lewis or Vikram Pandit be next? How about Immelt at GE? I would accept the termination of Cramer instead of Immelt, but that’s just me.

I’ll be watching 787 as a level that must hold short term or all bets are off. Also, I am watching for a pullback in energy and materials. I will post specifics later on twitter.


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