350Z's I fund thread DEC 07

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The dollar is already rallying big today. If they cut, we might see a sell the news on the dollar because the Feds will cut next Tuesday. The OSM & USM will ofcourse shoot up if the BOE cuts tomorrow. Either way, I still like the I fund for tomorrow.
I will be WITH you in the I fUND.
 
OSMs improving with dollar rising.
10:04 estimate: +33 cents from market change PLUS -18 cents from dollar change EQUALS +16 cents.
 
Looking for markets to steadily climb until the cut-off to lower my risk of an +fv today. Then maybe the markets pullback just enough to trigger -FV and then play the steal by moving into the I today. Looks good for this scenario but I will wait till the last minute. The I does look like the place to be tomorrow regardless of any FV.
 
Seems like it will be priced high today and corrected tommorrow, but I am sticking in I until Benanke acts tuesday.
 
Well I sat on my big fat A$$ looking for e-mail addresses so I could send my letter of opposal to the IFT situation and I missed the deadline. That pi$$e$ me off when I hyperfocus like that. Anyway at least I sent it. I wonder what was the better decision? tomorrow will tell. Still S but wishing I was I.
 
I jumped out of the I for the C/S hoping for a +FV.
I made the same call last week and stole the +.42!
;)
 
Any comment on this?

http://www.washingtonpost.com/wp-dy...2186.html?nav=hcmoduletmv&sid=ST2007120500794

And can you say "bailout?" Shades of the S&L crisis! At least we won't have to live through the RTC debacle again.

"The Bush administration is putting the burden on Congress to fend off an approaching wave of home foreclosures," the Wall Street Journal reports. "With two million borrowers in the U.S. expected to see interest rates jump on their adjustable-rate mortgages in the next two years, Treasury Secretary Henry Paulson urged the Democratic-controlled Congress to pass stalled housing legislation and support a new White House proposal to use tax-exempt bonds to refinance troubled subprime mortgages."

I think Secretary Paulson is telling Congress to increase the Federal deficit to provide temporary re-financing?:sick:
 
What would happen if we let the market sort out the people who borrowed to much? If they default so be it, just what about adjustable rate loans can't people understand?

The day the Government starts bailing out every one who makes poor financial decisions is the day I am taking out a loan to buy a bridge. I'll just live under one of the approaches so I can call it a home. If any one want to use the bridge I will barter an idividual price of passage.
 
"What would happen if we let the market sort out the people who borrowed to much? If they default so be it, just what about adjustable rate loans can't people understand?"

If only it were that simple!
 
+16 on the I today. S & C were both up +26...... C wins today. A little catchup is in order for the OSMs tomorrow??
 
Boy, it sure feels good to get into the I fund and not have to deal with a +FVC.:)

Let's all hope the BOE cuts .25% tomorrow.
 
A BOE cut would get the makets out of the blocks first thing in the morning. And I hope Benanke calls the quarter cut and raises a quarter or two more Tuesday. That would help the credit crunch until the new administration is installed.
 
Boy, it sure feels good to get into the I fund and not have to deal with a +FVC.:)

Let's all hope the BOE cuts .25% tomorrow.
Yes, you're right. I wanted to move to I, but have been burned so many times by the FV decided to lock profit and look for another entry point. Aftermarket futures are looking awful nice right now.
 
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