350Z's 2007 I Fund Thread

[350zCommTech]

what was the +fv Friday? ty and beautiful start

27 cents +FV.

 

[350zCommTech]

Early Estimate: Up 37 minus 27 +FV, gain of 10 cents.

Thank you Mr. Barclay.

 

[ChemEng]

1044 estimate: +38 cents plus -27 FVC = +11 cents total

 

[fabijo]

Thanks for the early est, 350z. Now the question is, do we leave internationals today or tomorrow?

 

[350zCommTech]

Thanks for the early est, 350z. Now the question is, do we leave internationals today or tomorrow?

I'm leaving today. See my account talk thread.

 

[pezfallout]

After getting burned by not being in Ebb's trades I swore up and down I'd follow him until the end of time, but I feel like someone is on Wall St about to start selling off shares of orange juice stock.

 

[Scout333]

Has Ebbchart been posted with tomorrow's suggested moves?

 

[350zCommTech]

Has Ebbchart been posted with tomorrow's suggested moves?

Ebb is staying the I fund for tomorrow.

 

[Scout333]

Thanks, For some reason I haven't been able to pick up the updated Ebbchart today.:worried:

 

[350zCommTech]

up 1.305% or 29 cents minus 27 cents +FV, gain of 2 cents.

 

[ChemEng]

Looks like the big drop happened right before noon. So hopefully everyone jumping from I today will have a good chance at dodging a -FV.

 

[poolman]

My play on the market did not work out the way I was hoping.

I thought with the fed discount cut and the japanese not being able to trade on it till last night they would have done better than they did thus the USM's would have rallied. Especially after our close on friday. This tells me that we have alot more problems.

If we tank today I think the OSM's are going to really show us if they still have subprime problems in there markets.

I don't see this playing out good tomorrow. Of course the Feds could inject more liquidity or do another cut. That is what screws with these markets substantially imo.

 

[sugarandspice]

How much more till the fed makes a unscheduled cut? 2%, 5%, or maybe just 2 really bad days in a row? If this week plays out badly I'm thinking Friday will be an announcement. Badly means dropping more than 5%.

 

[Jonathan]

My play on the market did not work out the way I was hoping.

I thought with the fed discount cut and the japanese not being able to trade on it till last night they would have done better than they did thus the USM's would have rallied. Especially after our close on friday. This tells me that we have alot more problems.

If we tank today I think the OSM's are going to really show us if they still have subprime problems in there markets.

I don't see this playing out good tomorrow. Of course the Feds could inject more liquidity or do another cut. That is what screws with these markets substantially imo.

There is only so much the Fed can do. Interest rates aren't that high by historical standards to begin with, and really, the problems we're seeing weren't caused by an excessive prime rate.

Frankly, I expect Countrywide will go bankrupt (word is they're laying off people today). Today, Thornburg Mortgage announced it sold off substantial assets, and if you look at the bond yield curve, the short end has fallen shockingly over the last two days ("biggest drop since 1987", one observer said) -- there's a lot of desire for safe havens right now.

Despite the optimism on Friday, this economy has a lot of bad stuff to hash out, and there's a lot of upward resistance for equities.

EDIT: it looks like at least some of the run-up on Friday might have been due to the timing of Bernake's "put", which forced some who bet against the market rising to try and recoup their losses.

 

[Jonathan]

By my calculations, we're well in to -fv territory right now.

EDIT: back up again on the DJIA...the day ain't done yet.

 

[Jonathan]

Money Market funds in trouble?

Interesting story off of Bloomberg...

Subprime Infects $300 Billion of Money Market Funds, Hikes Risk

 

[12%ayear]

do not be surprised if you see a run into green before the end of the day. Many shorts want to cover and wait to see what the FED does.

 

[Jonathan]

EAFE up 1.24% for the day - after $.27 fv correction, up $.012.

 

[12%ayear]

do not be surprised if you see a run into green before the end of the day. Many shorts want to cover and wait to see what the FED does.

look now. LOL, the markets are coming back. When I posted above, we were down 77 points. The market already has a bad sell-off priced in. Shorts are afraid of what is coming this week. I would not be surprised to see a +fv. I do not meant ot sound like a perma-bull,I call it the way I see it. I can care less where wego, I just want to be on the right side of the fence.

 

[12%ayear]

do not be surprised if you see a run into green before the end of the day. Many shorts want to cover and wait to see what the FED does.

this is what I mean.The market was down 77 points when I posted this above. Now we are green. Look for a +fv today