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Thursday, May 28, 2009
Market Commentary from MilleniumTraders.comComments rang out from Treasury Secretary Timothy Geithner
last week of actions they are moving on in an attempt to improve the economic situation we are all facing. Talks continued
last week on the street of the potential bankruptcy filing of General Motors. We’re sure GM dealers are feeling a bit
panicky as they saw the results of Chrysler putting a lot of dealers on the chopping block after their recent bankruptcy filing.
GM has until the beginning of June to put together an acceptable plan, for the government. Trading action last week was seriously
listless ahead of the Memorial Day holiday weekend. Traders can expect an improvement in market trading action, for the upcoming
week.
6:55 pm gmt
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