It's time to short the GM time bomb!

stop living life in fear. even if this were remotely true we're talking about 20-30k auto loans, not 200k-1M home loans.

I can see the head lines now...2014 car loan crisis that shook the world.

*sarcasm off*
 
Dunno, who is going down and when, but crazy credit is back to where it was before last crash. The best indicator is my mail box, filled with 0% APR balance transfer offers. Just as it was before last crisis. Hey..I just got a new car for my wife at 0% for next 3 years. I gladly accepted the offer and put my money to MM account at 2.3% :)
better than nothing
 
Good point about Wells Fargo WFC too. That's a clear short Also!

I have noticed lots of their stores in very poor ghetto areas-- they are the non banked last hope before the payday lender.

Al Toid
 
the 15 minute chart on GM looks omnious-- will 40 be taken today, triggering the tidal wave of shorts?

<a href="http://tinypic.com?ref=mslu68" target="_blank"><img src="http://i39.tinypic.com/mslu68.png" border="0" alt="Image and video hosting by TinyPic"></a>
 
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