350Z's I fund thread OCT 07

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Frixxxx said:
Find out why yet? Getting close to cutoff for IFT...would love to hear from you soon!:cool:
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This might be it. The timing is close. But the OSMs don't seem to care right now. IMO, this is serious stuff.

UPDATE 1-Moody's begins cutting top-rated CDOs to junk
Fri Oct 26, 2007 11:01am EDT

By Walden Siew
NEW YORK, Oct 26 (Reuters) - Moody's Investors Service on Friday began cutting ratings of top-rated collateralized debt obligations to junk due to exposure to $33.4 billion in deteriorating subprime loans.

Debt that was rated as high as "A2," the sixth highest rating, was cut to "Caa1," seven levels into junk territory. Moody's cut or placed at least 45 CDOs on review for more cuts, which are tied to Moody's Oct. 11 rating cuts on $33.4 billion of subprime mortgage debt, its biggest action on mortgage debt to date.

"Some have been downgraded, and some have been placed on watch," said spokesman Michael Adler, who didn't immediately have details on the amount of debt affected.

For details, see [ID:nN11415473].

Those deteriorating loans were packaged into bigger, complex bonds known as CDOs that are now being cut and reviewed for further cuts, Moody's said on Friday.

The ripple effect from the Oct. 11 rating cuts may be felt in 461 CDOs in United States and 41 CDOs in Europe, Moody's had said earlier.
http://www.reuters.com/article/bondsNews/idUSN2633940120071026
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350Z-

My calculator is showing .37 as of 11:34 am.

Does that look right to you?

(I had some problems the other day with it.)
 
All my guts are telling me we're changing the sea tide, and now about to move up strongly again. the S&P chart over at stockcharts.com shows we're now headed north, and I think next week foreign markets will all follow our lead today. That retest of the 1490 several times blew out all those fears of a bigger fall. So I think we're headed up once again.

Yee Haaa.

Hang on tight.
 
James48843 said:
All my guts are telling me we're changing the sea tide, and now about to move up strongly again. the S&P chart over at stockcharts.com shows we're now headed north, and I think next week foreign markets will all follow our lead today. That retest of the 1490 several times blew out all those fears of a bigger fall. So I think we're headed up once again.

Yee Haaa.

Hang on tight.
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I'll ditto THAT!
 
James48843 said:
All my guts are telling me we're changing the sea tide, and now about to move up strongly again. the S&P chart over at stockcharts.com shows we're now headed north, and I think next week foreign markets will all follow our lead today. That retest of the 1490 several times blew out all those fears of a bigger fall. So I think we're headed up once again.

Yee Haaa.

Hang on tight.
Click to expand...

You sippin Birch's kool-aid? :)
 
James should surrender to individualism and go ahead and sell his newly purchased badminton racket on e-bay. You can already tell that game is too slow for him.
 
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