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  I don't understand S&P ratings
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mly3...@gmail.com  
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 More options Jun 10 2009, 7:51 am
From: mly3...@gmail.com
Date: Wed, 10 Jun 2009 04:51:45 -0700 (PDT)
Local: Wed, Jun 10 2009 7:51 am
Subject: I don't understand S&P ratings
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I like MT, however last Friday S&P downgraded bonds on MT to "near
junk."  Steel is going up now, but how am I supposed to react to S&P
downgrade?  Also I notice many of the targets on Yahoo of different
stocks are quite low.  Does anyone know if these targets are based on
S&P targets as well?  I wish S&P had not issued downgrade last Friday,
since I'm losing my profits with defensive strategies I put in on my
MT holdings.

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