* W/street down * Non-farm payrolls indicated extreme weakening in US building industry * Aus stocks exposed to US (generally) will be hit today * LPTs and property stocks looking at an ordinary open * News from Centro all seems to be bad lately * February deadline inching closer by the day * BBB rating (developing) could be further hit * Centro credit spreads widening * Lack of insto credit support now evident (long-term IR hedging lines diminished or withdrawn).
Can only see one way to play this atm.
Regards Kit
CNP Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held