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Re: [e-mini_traders_anon] Re: [RT] es05m/sp500



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In a message dated 5/5/2005 2:24:36 P.M. Eastern Standard Time, deobisnath@xxxxxxxxx writes:
but , of course, the equation has changed, the market has been walloped by
the downgrade to junk status of 2 of the biggest corporations in  the world -
Ford and GM
This news was expected and the selling is just a kneejerk reaction. As for market cap, they both have a similar market cap of 17.5B which places them each about 270th in the world, so they are well down the list these days.


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