350Z's I fund thread NOV 07

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Nikkei is still going south, down 2.12%
The Ministry of Finance will sell 100 billion yen ($931 million) of extra 20-year bonds today. The auction results will be announced at 12:45 p.m. in Tokyo.
 
Japan now down at the morning break. Sitting

down_r.gif
6.52 (-2.19%)
 
Wow, huge rally attempt at the moment. The Yen carry trade is coming back with a vengeance. I didn't see any news.

Just found it. It's a bail out for Citi.

Citi to Sell $7.5 Billion of Equity Units to the Abu Dhabi Investment Authority
Monday November 26, 9:39 pm ET

NEW YORK--(BUSINESS WIRE)--Citi announced today that it has reached an agreement to sell Equity Units, with mandatory conversion into common shares, in a private placement to the Abu Dhabi Investment Authority (ADIA), a long-term investor committed to the U.S. capital markets, in the amount of $7.5 billion. ADIA’s aggregate ownership in Citi’s common shares, including the conversion of these Equity Units, will total no more than 4.9% of Citi’s total shares outstanding.
http://biz.yahoo.com/bw/071126/20071126006177.html?.v=1
 
A bond auction result just got announced in Tokyo, look again, Nikkei went up 3% over lunch.


Yup, a 450 point swing in a matter of minutes. They think this will save Citi...:D


This sounds similar to the CFC deal. We all know what happened to CFC's stock after the deal...LOL!!!!:D
 
Talltimber,

That was all filmed on a Hollywood movie set...................................ROFLMAO.:nuts:
 
Nasa's secret wouldn't have got out, but if you watch closely, in one of the scenes you can see the munchkin swinging with a rope around his neck in the background behind the LEM. He had committed suicide. Look it up in Snope's.;)
 
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Im going to be in and out for most of the day, but here is a premarket estimate.

8:59 estimate: -12 cents from market change PLUS -FVC of +32 cents PLUS -0 cents from dollar change EQUALS +19 cents.
 
i read in the washington post where the tsp board is due to recieve all new upgraded computers to handle processes better. certainly they took into account the active trades before ordering these high end computers, or NOT !!!! did anyone else see or hear of this ????
 
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