350Z's I Fund Thread JAN 08

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MBIA reports a 4th qtr loss of $18.61/share, at midnight.:rolleyes:

MBIA Inc. Reports Fourth Quarter and Full Year 2007 Results
Thursday January 31, 12:06 am ET

The results, as compared with the same period of the prior year, were as follows:
  • Net loss for the full year 2007 was $1.9 billion, compared with net income of $819.3 million in 2006.
  • Net loss per share for the full year 2007 was $15.22, compared with net income per share of $5.99 in 2006.
Net loss for the fourth quarter of 2007 was $2.3 billion compared with net income of $181.0 million for the same period of 2006. For the fourth quarter of 2007, net loss per share was $18.61 compared with net income per share of $1.32 for the fourth quarter of 2006.
http://biz.yahoo.com/bw/080131/20080130006453.html?.v=1
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350zCommTech said:
MBIA reports a 4th qtr loss of $18.61/share, at midnight.:rolleyes:
Click to expand...

Saw that report on Bloomberg a bit ago. You think Japan over reacted about possible funding? Futures have crawled up a bit into the night. Put some mad money on F C I, in on the 29th. If like you said earlier about possible +FV tomorrow, and I exit before time limit in the morning, could get a dollar back on a dollar lotto ticket :) It wasn't much, but then I'll pick a penny off the ground too. Thanks for all your hard work, I get blitzed just trying to keep up!
 
Rustynutt said:
Saw that report on Bloomberg a bit ago. You think Japan over reacted about possible funding? Futures have crawled up a bit into the night. Put some mad money on F C I, in on the 29th. If like you said earlier about possible +FV tomorrow, and I exit before time limit in the morning, could get a dollar back on a dollar lotto ticket :) It wasn't much, but then I'll pick a penny off the ground too. Thanks for all your hard work, I get blitzed just trying to keep up!
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Japan moon shotted on the MBIA funding and the BOJ hinting at a rate cut.

As for the +FV, that was for yesterday(last night)/ Today, we will see a +FVC, a take away.
 
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Robo5555 said:
Job numbers tanked the market futures!
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Yes, one of the things I saw discussed last night on Bloom, that and the MBIA funding. Being in couldn't loose any more than hope. It was the old guy with bushy eyebrows, looked kind of like Mr. Waverly on Man From Uncle. Was just going for lunch money after the rate cut, but all I got was canned spam. Not talking about much, but that dental exam today will cost twice as much:o

Going to shower, then do the IFT. Maybe that asteroid will swing back this way during that time.
 
Robo5555 said:
IFT 50/50 S/I for cob today.
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Gunny said:
I'm with you, Robo! I have been wrong all week but hope to have a bailout day tomorrow. C/S/I to end the week. Keep those fingers crossed.
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Heads up:


Google reports after the bell. Rumor has it that they're going to miss. A miss nowadays is going to get the market killed.

Also, we get job numbers tomorrow. How would Ben look if the job number came in nice and strong? After a 1.25% cut in 8 days?

I could certainly be wrong. Good luck to all.
 
anidoc said:
Aren't the jobs numbers in...and claims are up highest since 2005? Or am I looking at the wrong data? I thought that's what made futures slide this morning.
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That was the ADP jobs number. Tomorrow is the real one. The gov. NFP.


I fund is even, including an 18 cent +FVC.
 
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