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EPS100Momentum (69.74)

3 Stocks to watch: TAN, ABR, CVI

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November 04, 2008 – Comments (1) | RELATED TICKERS: TAN , ABR , CVI

TAN an ETF that moves positive on an OBAMA victory
ABR & CVI earnings are coming both stocks are so completely beaten down to the extreme that whatever they post will be considered as not as bad as expected. But what if they post better than expected? Look out above then, they will soar. Another point on ABR is that holders as of Nov. 15th will receive a divy of .24/shr and that will cause shorts to cover ahead of that date. Shorts don't like holding thru divy dates.

1 Comments – Post Your Own

#1) On November 04, 2008 at 10:52 AM, EPS100Momentum (69.74) wrote:

Dollar Libor down well below 3% at 2.71% today Three-Month

Dollar Libor Falls to Lowest Since June 9,

BBA Says By Justin Carrigan Nov. 4 (Bloomberg) -- The London interbank offered rate, or Libor, that banks charge each other for three-month loans in dollars dropped to the lowest level in almost five months. The rate declined 15 basis points to 2.71 percent, the lowest level since June 9, according to British Bankers' Association data. It was its 17th consecutive decline. The overnight rate slid 1 basis point to 0.38 percent, a record low for a fourth day and 62 basis points below the Federal Reserve's target rate, BBA data showed today. The Libor-OIS spread, a gauge of cash scarcity among banks, narrowed 12 basis points to 211 basis points. To contact the reporter on this story: Justin Carrigan in London at jcarrigan@bloomberg.net Last Updated: November 4, 2008 06:47 EST

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