350Z's 2007 I Fund Thread

Status
Not open for further replies.
G 12.08 even
F 11.45 -.01 -0.09%
C 16.39 +.19 +1.17%
S 19.77 +.27 +1.38%
I 23.31 +.44 +1.92%


Barclays has got to be kidding! A +16 cents FV with only .30% movement on the DOW and .21% movement on the EFA. That's highway robbery -- they know a lot of people jumped in the I-fund today and that's the only reason they put that +FV. Geez!

That said, it's still a good move to be in the I-fund because it's going to be fireworks time for the OSMs tonight. Well at least I hope so.
 
G 12.08 even
F 11.45 -.01 -0.09%
C 16.39 +.19 +1.17%
S 19.77 +.27 +1.38%
I 23.31 +.44 +1.92%

Barclays has got to be kidding! A +16 cents FV with only .30% movement on the DOW and .21% movement on the EFA. That's highway robbery -- they know a lot of people jumped in the I-fund today and that's the only reason they put that +FV. Geez!

That said, it's still a good move to be in the I-fund because it's going to be fireworks time for the OSMs tonight. Well at least I hope so.
Ebby, that is why I e-mailed you. I had a feeling about that +fv.LOL..We will be fine tomorrow...Look at the futures. Nikkei looking for a 2-3% pop tonightand Europe will explode.
 
It may not save Countrywide, but it should certainly help the markets tomorrow :)

Think bigger. This whole mess began with Countrywide as a lead story.

"Bank of America's investment in Countrywide represents a vote of confidence and strengthens our balance sheet, enabling us to position Countrywide for future growth and success," he said.

http://biz.yahoo.com/ap/070822/countrywide_bank_of_america.html?.v=12

I bet some really made out from insider info.:)

Its a Big Boys game. I just want to gather up enough crumbs to make a loaf.$
Now that I got the money back that I lost, I need to sew up that hole in my pocket. Big thanks to 12%, ebbnflow and TSPgo for your post.
 
Wow! This is big news.

Countrywide shares jumped more than 20 percent to $26.25 in after-hours trading.

Big news?

Take a close look at the article- Bank of America offered just 2 billion for the stake, and other banks lent Countrywide 11 billion the week before. 11 billion!

Something tells me there is alot more to this story, and somebody just made a killing, and somebody is about to make a killing as well.

And the little guys? they still get squeezed when their arms reset. and they get foreclosed, and Bank of America ends up with 30 billion in properties foreclsoed on a simply 2 billion investment, that pays a fixed 7.5% interest.

Just wait until Bank of America comes crying to Congress for a big bailout.

Mark my words today- Bank of America will get some kind of a multi-billion dollar bailout from Uncle Sam before this is all over.
 
Japan zooms on the open.

Nikkei now
up_g.gif
8.32 (+2.67%) as of 8:58 p.m. eastern time.
 
Big news?

Take a close look at the article- Bank of America offered just 2 billion for the stake, and other banks lent Countrywide 11 billion the week before. 11 billion!

Something tells me there is alot more to this story, and somebody just made a killing, and somebody is about to make a killing as well.

And the little guys? they still get squeezed when their arms reset. and they get foreclosed, and Bank of America ends up with 30 billion in properties foreclsoed on a simply 2 billion investment, that pays a fixed 7.5% interest.

Just wait until Bank of America comes crying to Congress for a big bailout.

Mark my words today- Bank of America will get some kind of a multi-billion dollar bailout from Uncle Sam before this is all over.

Yor're right, this is a BIGGIE!! The other two big banks that took advantage of the FED money are up to the same thing!!! Stocks will like it tomorrow, IMHO!!!:D
 
Big news?

Take a close look at the article- Bank of America offered just 2 billion for the stake, and other banks lent Countrywide 11 billion the week before. 11 billion!

Something tells me there is alot more to this story, and somebody just made a killing, and somebody is about to make a killing as well.

And the little guys? they still get squeezed when their arms reset. and they get foreclosed, and Bank of America ends up with 30 billion in properties foreclsoed on a simply 2 billion investment, that pays a fixed 7.5% interest.

Just wait until Bank of America comes crying to Congress for a big bailout.

Mark my words today- Bank of America will get some kind of a multi-billion dollar bailout from Uncle Sam before this is all over.

The Big Picture: http://www.gurufocus.com/news.php?id=11471
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/22/cnbuff122.xml
 
Last edited:
CME E-mini S&P 500® 1480.50 +1175

CME E-mini NASDAQ-100® 1956.00 +1100

CME E-mini® MSCI EAFE 2148.00P ----

CME Eurodollar 94.735 -5.5

CME Euro FX 1.3563 +19

CME Live Cattle 95.550 -92
 
Ebby, that is why I e-mailed you. I had a feeling about that +fv.LOL..We will be fine tomorrow...Look at the futures. Nikkei looking for a 2-3% pop tonightand Europe will explode.
Posted above 7:48pm..Nikkei closed up 2.61% ..lol right in the middle of my range. Also, yes we are fine early estimate..36 cents-16 cents fair value= 20 cents or .85% very nice indeed. :D
 
Status
Not open for further replies.
Back
Top