iShares S&P California Municipal Bond (AMEX:CMF)

CAPS Rating: 1 out of 5

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Player Avatar SaintCroix (98.34) Submitted: 12/28/2010 7:27:22 PM : Underperform Start Price: $94.63 CMF Score: -15.82

I'm shorting all the municipal bond ETFs I can find. Public sector unions (police, firefighter, teacher) are driving too many cities into default on their debts. It's a disaster waiting to happen.

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