http://finance.yahoo.com/intlindices
Full Version: IDS World Markets Wed 20th June 07
Stool Pigeons Wire Message Board > Stock Market Message Board > Intraday Stool- Stock Market Short Term Trading
The market in churn mode today. All Ords -0.1% with sectors equally divided between up and down. Property Trusts is up the most, +0.8% with Materials and Telecomms at the other end, both -0.6%.
In the miners, BHP and RIO down a percent and the golds not doing a lot either, Newcrest flat and Newmont +0.8%.
Oils doing a pullback after yesterday's run: Woodside -0.5% and Santos -1.2%.
Azeri Economy to Grow 35% This Year, Minister Says
June 19 (Bloomberg) -- Azerbaijan's economy, the world's fastest growing, will probably expand more than 35 percent this year as oil exports accelerate, Economic Development Minister Heydar Babayev said.
Growth in the $21 billion economy accelerated to 41.7 percent in the first three months of the year from 39.5 percent in the same period a year ago, more than triple the rate in China and Latvia, which has the European Union's fastest expanding economy.
Azerbaijan, a former Soviet republic located on the Caspian Sea with 0.6 percent of the world's proven oil reserves, shipped 50 percent more oil last year than in 2005, the minister said. The country wants to position itself as an alternative energy hub for Europe after Russia has been criticized by the EU for using gas and oil as economic weapons against some countries, including Ukraine.
June 19 (Bloomberg) -- Azerbaijan's economy, the world's fastest growing, will probably expand more than 35 percent this year as oil exports accelerate, Economic Development Minister Heydar Babayev said.
Growth in the $21 billion economy accelerated to 41.7 percent in the first three months of the year from 39.5 percent in the same period a year ago, more than triple the rate in China and Latvia, which has the European Union's fastest expanding economy.
Azerbaijan, a former Soviet republic located on the Caspian Sea with 0.6 percent of the world's proven oil reserves, shipped 50 percent more oil last year than in 2005, the minister said. The country wants to position itself as an alternative energy hub for Europe after Russia has been criticized by the EU for using gas and oil as economic weapons against some countries, including Ukraine.
QUOTE(DrStool @ Jun 19 2007, 08:53 PM)
I'm installing my old operating system on the new machine, because my version of Metastock won't run on Winders Vister. (What a ripoff. Rhoiders has taken the opportunity to force a $129 upgrade on Metastock users who buy new compukers.) Since XP runs everything I need, just the way I want, I said no thanks to Uncle Bill and Rhoiders.
I use Metastock 6.52 which is a WIN95 setup. It ran ok on XP until the SP2 update and then I couldn't open Metastock so I did a restore. Metastock's attitude is buy a new version but I paid a squillion for the first one and it provides everything I need so I live without SP2 but it does leave my system somewhat vulnerable (so I'm told).
QUOTE(aussiebear @ Jun 19 2007, 09:42 PM)
QUOTE(DrStool @ Jun 19 2007, 08:53 PM)
I'm installing my old operating system on the new machine, because my version of Metastock won't run on Winders Vister. (What a ripoff. Rhoiders has taken the opportunity to force a $129 upgrade on Metastock users who buy new compukers.) Since XP runs everything I need, just the way I want, I said no thanks to Uncle Bill and Rhoiders.
I use Metastock 6.52 which is a WIN95 setup. It ran ok on XP until the SP2 update and then I couldn't open Metastock so I did a restore. Metastock's attitude is buy a new version but I paid a squillion for the first one and it provides everything I need so I live without SP2 but it does leave my system somewhat vulnerable (so I'm told).
That's what virtual machines are good for. I'm running Windows XP x64 edition but I also run a Windows XP Home 32-bit version in a virtual machine for software that won't run on x64. Same can be done on Vista. You get some better protection from the host operating system.
From yesterday's markett action:
Just a few bps retreat in 10-year bonds propelled the Dow up a dozen points;
Just a steady or a few cents lower oil price pushed airline stocks up big;
.....
What happens if 10-year bond yield falls below 5 handle or oil price falls a few bucks? (I did notice the gas price has fallen to $3.00 or lower.)
Every bad news looks like a bait to trap the bears or scare away nervous weak longs. The hysteria in markets has incapacitated me and reduced my trading to simply buy-and-hold. Judging by the scarce postings in a lot of trading forums, I guess all discount brokerages will miss the revenue numbers in this quarter.
Just a few bps retreat in 10-year bonds propelled the Dow up a dozen points;
Just a steady or a few cents lower oil price pushed airline stocks up big;
.....
What happens if 10-year bond yield falls below 5 handle or oil price falls a few bucks? (I did notice the gas price has fallen to $3.00 or lower.)
Every bad news looks like a bait to trap the bears or scare away nervous weak longs. The hysteria in markets has incapacitated me and reduced my trading to simply buy-and-hold. Judging by the scarce postings in a lot of trading forums, I guess all discount brokerages will miss the revenue numbers in this quarter.
A repeat of recent action with a blast north in the arvo. All Ords closed +0.4%, a record high (by one point) which the media leaped on with little glad cries. Property Trusts (pretty much in a distribution pattern) led the way, +2.2% followed by IT, +1.8%. There were a couple of reds, Telecomms -1% and Materials, -0.5%.
Not much change in the big miners: BHP -1.1%, RIO -0.7%. The golds continued to diverge: Newcrest -1.8% and Newmont +1.3%.
Oils turned green: Woodside +0.8% and Santos +0.3%.
Asia all over the shop ranging from China -2.1% to Taiwan +2.1%.
Over to UK/Europe:
http://finance.yahoo.com/intlindices?e=europe
QUOTE(mmoy @ Jun 20 2007, 11:01 AM)
QUOTE(aussiebear @ Jun 19 2007, 09:42 PM)
QUOTE(DrStool @ Jun 19 2007, 08:53 PM)
I'm installing my old operating system on the new machine, because my version of Metastock won't run on Winders Vister. (What a ripoff. Rhoiders has taken the opportunity to force a $129 upgrade on Metastock users who buy new compukers.) Since XP runs everything I need, just the way I want, I said no thanks to Uncle Bill and Rhoiders.
I use Metastock 6.52 which is a WIN95 setup. It ran ok on XP until the SP2 update and then I couldn't open Metastock so I did a restore. Metastock's attitude is buy a new version but I paid a squillion for the first one and it provides everything I need so I live without SP2 but it does leave my system somewhat vulnerable (so I'm told).
That's what virtual machines are good for. I'm running Windows XP x64 edition but I also run a Windows XP Home 32-bit version in a virtual machine for software that won't run on x64. Same can be done on Vista. You get some better protection from the host operating system.
What you mean by "virtual machine", mmoy?
King Overruled as BOE Votes 5-4 for Unchanged Rate
June 20 (Bloomberg) -- Bank of England Governor Mervyn King favored an interest-rate increase this month in a 5-4 vote for no change, placing him in the minority for the first time in almost two years.
The size of the minority, predicted by none of 26 economists in a Bloomberg News survey, suggests policy makers are poised to raise interest rates from a six-year high reached in May. Investors have added to bets of higher borrowing costs since King said June 12 that the bank ``may need to take further action'' to return inflation to the 2 percent target.
``King calling for a hike is the writing on the wall,'' said David Brown, chief European economist at Bear Stearns International in London. ``The Bank of England is holding up the green flag for an increase in July. We see rates going to 6 percent this year.''
June 20 (Bloomberg) -- Bank of England Governor Mervyn King favored an interest-rate increase this month in a 5-4 vote for no change, placing him in the minority for the first time in almost two years.
The size of the minority, predicted by none of 26 economists in a Bloomberg News survey, suggests policy makers are poised to raise interest rates from a six-year high reached in May. Investors have added to bets of higher borrowing costs since King said June 12 that the bank ``may need to take further action'' to return inflation to the 2 percent target.
``King calling for a hike is the writing on the wall,'' said David Brown, chief European economist at Bear Stearns International in London. ``The Bank of England is holding up the green flag for an increase in July. We see rates going to 6 percent this year.''
QUOTE(aussiebear @ Jun 20 2007, 09:31 AM)
QUOTE(mmoy @ Jun 20 2007, 11:01 AM)
QUOTE(aussiebear @ Jun 19 2007, 09:42 PM)
QUOTE(DrStool @ Jun 19 2007, 08:53 PM)
I'm installing my old operating system on the new machine, because my version of Metastock won't run on Winders Vister. (What a ripoff. Rhoiders has taken the opportunity to force a $129 upgrade on Metastock users who buy new compukers.) Since XP runs everything I need, just the way I want, I said no thanks to Uncle Bill and Rhoiders.
I use Metastock 6.52 which is a WIN95 setup. It ran ok on XP until the SP2 update and then I couldn't open Metastock so I did a restore. Metastock's attitude is buy a new version but I paid a squillion for the first one and it provides everything I need so I live without SP2 but it does leave my system somewhat vulnerable (so I'm told).
That's what virtual machines are good for. I'm running Windows XP x64 edition but I also run a Windows XP Home 32-bit version in a virtual machine for software that won't run on x64. Same can be done on Vista. You get some better protection from the host operating system.
What you mean by "virtual machine", mmoy?
QUOTE
http://en.wikipedia.org/wiki/Virtual_machine
Software virtualization can be done in three major ways:
Emulation, full system simulation, or "full virtualization with dynamic recompilation" — the virtual machine simulates the complete hardware, allowing an unmodified OS for a completely different CPU to be run.
Paravirtualization — the virtual machine does not simulate hardware but instead offers a special API that requires OS modifications. The most profound example of this is XenSource's XenEnterprise (www.xensource.com)
Native virtualization and "full virtualization" — the virtual machine only partially simulates enough hardware to allow an unmodified OS to be run in isolation, but the guest OS must be designed for the same type of CPU. The term native virtualization is also sometimes used to designate that hardware assistance through Virtualization Technology is used.
QUOTE(aussiebear @ Jun 20 2007, 01:42 AM)
QUOTE(DrStool @ Jun 19 2007, 08:53 PM)
I'm installing my old operating system on the new machine, because my version of Metastock won't run on Winders Vister. (What a ripoff. Rhoiders has taken the opportunity to force a $129 upgrade on Metastock users who buy new compukers.) Since XP runs everything I need, just the way I want, I said no thanks to Uncle Bill and Rhoiders.
I use Metastock 6.52 which is a WIN95 setup. It ran ok on XP until the SP2 update and then I couldn't open Metastock so I did a restore. Metastock's attitude is buy a new version but I paid a squillion for the first one and it provides everything I need so I live without SP2 but it does leave my system somewhat vulnerable (so I'm told).
Yes, Lots of program stops working when one updates Win XP. Vista is another story….We know why he is a billionaire….. Paddling crap???? What we need is a real alternative operating system
QUOTE(mozart2007 @ Jun 20 2007, 06:41 AM)
From yesterday's markett action:
Just a few bps retreat in 10-year bonds propelled the Dow up a dozen points;
Just a steady or a few cents lower oil price pushed airline stocks up big;
.....
What happens if 10-year bond yield falls below 5 handle or oil price falls a few bucks? (I did notice the gas price has fallen to $3.00 or lower.)
Every bad news looks like a bait to trap the bears or scare away nervous weak longs. The hysteria in markets has incapacitated me and reduced my trading to simply buy-and-hold. Judging by the scarce postings in a lot of trading forums, I guess all discount brokerages will miss the revenue numbers in this quarter.
Just a few bps retreat in 10-year bonds propelled the Dow up a dozen points;
Just a steady or a few cents lower oil price pushed airline stocks up big;
.....
What happens if 10-year bond yield falls below 5 handle or oil price falls a few bucks? (I did notice the gas price has fallen to $3.00 or lower.)
Every bad news looks like a bait to trap the bears or scare away nervous weak longs. The hysteria in markets has incapacitated me and reduced my trading to simply buy-and-hold. Judging by the scarce postings in a lot of trading forums, I guess all discount brokerages will miss the revenue numbers in this quarter.
I wouldn’t read too much in bond yield when someone is subsidizing it…Best to look if Central banks are ready and willing for more risky assets
QUOTE(mmoy @ Jun 19 2007, 10:28 PM)
QUOTE(jickiss @ Jun 19 2007, 10:05 PM)
jickiss is back!
and
since the La La Land of La topic arose,
well
"Free Paris Now!"
says your jickiss
your jickiss says to read this and then, well, ewe know the rest!
jickiss!!!!!
and
since the La La Land of La topic arose,
well
"Free Paris Now!"
says your jickiss
your jickiss says to read this and then, well, ewe know the rest!
jickiss!!!!!
That's pretty funny.
In the past week, Prosecutor Mike Nifong was tried on 32 ethics charges and found guilty on 27 of them. He resigned during his testimony. And offered his license before deliberation. Too little, too late. He should have resigned and offered his license before the trial. So then yesterday, he writes a letter to the Governor stating that he is giving notice of resignation effective in one month.
The Governor is upset so he apparently contacted a District Judge that sent a sheriff to his house this morning to suspend him from duty, take his keys and his badge.
The District Judge also appointed a special prosecutor to consider criminal charges. This District Judge could have him jailed for contempt (he lied to this judge and a few others) but that would only be for up to six months.
Minor point, but I want to clear it up because I've seen this mistake several times. To the best of my knowledge Nifong was not tried in court on criminal charges. There was no trial. He was subjected to a disciplinary hearing by the Bar Association on ethics violations charges and disbarred, not convicted of criminal wrongdoing in a court. Maybe that's next, maybe not. Obviously the guy is some kind of narcissistic nutcase. It finally caught up with him.
QUOTE(aussiebear @ Jun 20 2007, 05:31 AM)
QUOTE(mmoy @ Jun 20 2007, 11:01 AM)
QUOTE(aussiebear @ Jun 19 2007, 09:42 PM)
QUOTE(DrStool @ Jun 19 2007, 08:53 PM)
I'm installing my old operating system on the new machine, because my version of Metastock won't run on Winders Vister. (What a ripoff. Rhoiders has taken the opportunity to force a $129 upgrade on Metastock users who buy new compukers.) Since XP runs everything I need, just the way I want, I said no thanks to Uncle Bill and Rhoiders.
I use Metastock 6.52 which is a WIN95 setup. It ran ok on XP until the SP2 update and then I couldn't open Metastock so I did a restore. Metastock's attitude is buy a new version but I paid a squillion for the first one and it provides everything I need so I live without SP2 but it does leave my system somewhat vulnerable (so I'm told).
That's what virtual machines are good for. I'm running Windows XP x64 edition but I also run a Windows XP Home 32-bit version in a virtual machine for software that won't run on x64. Same can be done on Vista. You get some better protection from the host operating system.
What you mean by "virtual machine", mmoy?
A Virtual Machine is a machine within a machine. But the environment is setup by software along with hardware virtualization features common in modern processors. IBM had this functionality in the 1970s with their IBM 370 (and maybe 360) series. But the more modern start to this was from a company called VMWare. EMC bought this company out several years ago and recently spun them off. Microsoft makes a product called Virtual PC that used to run on Apple OSX systems. It also runs on Windows and is a free download from Microsoft.com. The other major player is a company called Parallels which started out as a Mac OSX shop but provides Windows Virtual Machine software too.
The Virtual Machine allows you to run other operating systems inside your current operating system. So if you use Parallels under Mac OSX, you could run OSX as your main operating system and then set up virtual machines running Windows XP and Linux at the same time. So you would have all three operating systems running on your one system at the same time. Multicore processors and VT hardware instructions means that the overhead of running VMs (outside of the memory required) is minimal.
The solution is particularly nice for non-Windows operating systems as users can work in their favorite or preferred operating systems while running a Virtual Machine for applications that run on only one operating system.
There are typically convenience tools for moving files from one operating system to another too.
One other thing about Virtual Machines is that companies can assign several users to on physical machine giving each user a Virtual Machine. If they get a virus or other problem on the VM, they can just delete the VM and create another one for them. No need to physically walk over to their machine to reformat the drive and reinstall the operating system. You get centralized control and maintenance.
QUOTE(DrStool @ Jun 20 2007, 08:14 AM)
QUOTE(mmoy @ Jun 19 2007, 10:28 PM)
QUOTE(jickiss @ Jun 19 2007, 10:05 PM)
jickiss is back!
and
since the La La Land of La topic arose,
well
"Free Paris Now!"
says your jickiss
your jickiss says to read this and then, well, ewe know the rest!
jickiss!!!!!
and
since the La La Land of La topic arose,
well
"Free Paris Now!"
says your jickiss
your jickiss says to read this and then, well, ewe know the rest!
jickiss!!!!!
That's pretty funny.
In the past week, Prosecutor Mike Nifong was tried on 32 ethics charges and found guilty on 27 of them. He resigned during his testimony. And offered his license before deliberation. Too little, too late. He should have resigned and offered his license before the trial. So then yesterday, he writes a letter to the Governor stating that he is giving notice of resignation effective in one month.
The Governor is upset so he apparently contacted a District Judge that sent a sheriff to his house this morning to suspend him from duty, take his keys and his badge.
The District Judge also appointed a special prosecutor to consider criminal charges. This District Judge could have him jailed for contempt (he lied to this judge and a few others) but that would only be for up to six months.
Minor point, but I want to clear it up because I've seen this mistake several times. To the best of my knowledge Nifong was not tried in court on criminal charges. There was no trial. He was subjected to a disciplinary hearing by the Bar Association on ethics violations charges and disbarred, not convicted of criminal wrongdoing in a court. Maybe that's next, maybe not. Obviously the guy is some kind of narcissistic nutcase. It finally caught up with him.
Yes it was a bar hearing. He was only caught by two pieces of luck. Otherwise, there would have been a trial of the three innocents.
I watched most of Nifong's trial (about 60 hours in five days - one went to almost 12 hours) and have been involved with the blogs in ferreting out information on what happened since last fall. I don't think that what he's doing is rare though. He just took on the wrong people and got publically caught.
What's with the futures? They look like they've gone nuts on the long side.
Looks like Morgan Stanley earnings were way up. The bankers have been in a funk for a while (at least GS, Berkshire (they might as well be a bank)). Maybe this kicks them out of the trading range.
Circuit City and FedEx are down. I can see fuel costs and a consumer that has enough toys for that.
Looks like Morgan Stanley earnings were way up. The bankers have been in a funk for a while (at least GS, Berkshire (they might as well be a bank)). Maybe this kicks them out of the trading range.
Circuit City and FedEx are down. I can see fuel costs and a consumer that has enough toys for that.
q's look to leap over previous high
BBY yesterday, CC today, isn't it an indication that the consumer tech market isn't so hot?
Good Morning!
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Welcome to Intraday Stool! Thanks to aussiebear for her daily opening!
You can join the discussion by registering (PG rated user names only, please) and posting here as well.
Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply.
If you have questions about how to register and post, use the Help link in the menu bar at the top of the page.
If you know others who might be interested in joining us, use the email to a friend link above the thread.
Many tanks for joining us!
Doc
Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information.
Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $39 quarterly. Try it risk free for 30 days!
Get this indispensable daily analysis and support the Stool!
incredible
DJ Fed Accepts $7 Bln In Overnight RPs
Type of transaction: Overnight RPs
Total accepted: $7 Bln
Total submitted: $32.65 Bln
Agency Collateral Operation
Total accepted: $4.347 Bln
Total submitted: $13.3 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.23%
Low-rate submitted: 5.18%
Treasury Collateral Operation
Total accepted: $750 Mln
Total submitted: $9 Bln
Stop-Out Rate: 4.92%
Weighted Average: 4.94%
High-rate submitted: 4.96%
Low-rate submitted: 4.75%
Mortgage-Backed Collateral Operations
Total accepted: $1.903 Bln
Total submitted: $10.35 Bln
Stop-Out Rate: 5.23%
Weighted Average: 5.24%
High-rate submitted: 5.24%
Low-rate submitted: 5.19%
(Data was provided by the New York Federal Reserve Bank).
DJ Fed Accepts $7 Bln In Overnight RPs
Type of transaction: Overnight RPs
Total accepted: $7 Bln
Total submitted: $32.65 Bln
Agency Collateral Operation
Total accepted: $4.347 Bln
Total submitted: $13.3 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.23%
Low-rate submitted: 5.18%
Treasury Collateral Operation
Total accepted: $750 Mln
Total submitted: $9 Bln
Stop-Out Rate: 4.92%
Weighted Average: 4.94%
High-rate submitted: 4.96%
Low-rate submitted: 4.75%
Mortgage-Backed Collateral Operations
Total accepted: $1.903 Bln
Total submitted: $10.35 Bln
Stop-Out Rate: 5.23%
Weighted Average: 5.24%
High-rate submitted: 5.24%
Low-rate submitted: 5.19%
(Data was provided by the New York Federal Reserve Bank).
hellllllo, baaaybeeeeeee .....
Tepid summer pumping.
QUOTE(potatohead @ Jun 20 2007, 09:43 AM)
incredible
DJ Fed Accepts $7 Bln In Overnight RPs
Type of transaction: Overnight RPs
Total accepted: $7 Bln
Total submitted: $32.65 Bln
Agency Collateral Operation
Total accepted: $4.347 Bln
Total submitted: $13.3 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.23%
Low-rate submitted: 5.18%
Treasury Collateral Operation
Total accepted: $750 Mln
Total submitted: $9 Bln
Stop-Out Rate: 4.92%
Weighted Average: 4.94%
High-rate submitted: 4.96%
Low-rate submitted: 4.75%
Mortgage-Backed Collateral Operations
Total accepted: $1.903 Bln
Total submitted: $10.35 Bln
Stop-Out Rate: 5.23%
Weighted Average: 5.24%
High-rate submitted: 5.24%
Low-rate submitted: 5.19%
(Data was provided by the New York Federal Reserve Bank).
DJ Fed Accepts $7 Bln In Overnight RPs
Type of transaction: Overnight RPs
Total accepted: $7 Bln
Total submitted: $32.65 Bln
Agency Collateral Operation
Total accepted: $4.347 Bln
Total submitted: $13.3 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.23%
Low-rate submitted: 5.18%
Treasury Collateral Operation
Total accepted: $750 Mln
Total submitted: $9 Bln
Stop-Out Rate: 4.92%
Weighted Average: 4.94%
High-rate submitted: 4.96%
Low-rate submitted: 4.75%
Mortgage-Backed Collateral Operations
Total accepted: $1.903 Bln
Total submitted: $10.35 Bln
Stop-Out Rate: 5.23%
Weighted Average: 5.24%
High-rate submitted: 5.24%
Low-rate submitted: 5.19%
(Data was provided by the New York Federal Reserve Bank).
that's just a manifestation of temporary excess liquidity from the $65 billion in Treasury debt paydowns.
http://wallstreetexaminer.com/trading/inde...indpost&p=32152
Wow! 
Interesting observation::
The backup in yield is apt to be trotted out as the excuse for the reversal, but that excuse is weak in the grand scheme of things. Sometimes stocks just go down on profit taking that has no catalyst.
Barfing.com
The backup in yield is apt to be trotted out as the excuse for the reversal, but that excuse is weak in the grand scheme of things. Sometimes stocks just go down on profit taking that has no catalyst.
Barfing.com
The last 2 times this went overbought..it stayed overbought for a few weeks.
Most of the repo paper was Agency and MBS with stopouts of 5.22-.23. Shortage of Treasuries, lots of Agencies.
http://www.ny.frb.org/markets/omo/dmm/temp.cfm
http://www.ny.frb.org/markets/omo/dmm/temp.cfm
LOL: "Treasuries Decline on Concern Housing Won't Weigh Down Economy "
http://www.bloomberg.com/apps/news?pid=206...0xxw&refer=home
http://www.bloomberg.com/apps/news?pid=206...0xxw&refer=home
What's the deal with these "GOOD TIME" stocks?
Just like the electronic retail business it looks to be straining.
Just like the electronic retail business it looks to be straining.
QUOTE(DrStool @ Jun 20 2007, 02:03 PM)
QUOTE(potatohead @ Jun 20 2007, 09:43 AM)
incredible
DJ Fed Accepts $7 Bln In Overnight RPs
Type of transaction: Overnight RPs
Total accepted: $7 Bln
Total submitted: $32.65 Bln
Agency Collateral Operation
Total accepted: $4.347 Bln
Total submitted: $13.3 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.23%
Low-rate submitted: 5.18%
Treasury Collateral Operation
Total accepted: $750 Mln
Total submitted: $9 Bln
Stop-Out Rate: 4.92%
Weighted Average: 4.94%
High-rate submitted: 4.96%
Low-rate submitted: 4.75%
Mortgage-Backed Collateral Operations
Total accepted: $1.903 Bln
Total submitted: $10.35 Bln
Stop-Out Rate: 5.23%
Weighted Average: 5.24%
High-rate submitted: 5.24%
Low-rate submitted: 5.19%
(Data was provided by the New York Federal Reserve Bank).
DJ Fed Accepts $7 Bln In Overnight RPs
Type of transaction: Overnight RPs
Total accepted: $7 Bln
Total submitted: $32.65 Bln
Agency Collateral Operation
Total accepted: $4.347 Bln
Total submitted: $13.3 Bln
Stop-Out Rate: 5.22%
Weighted Average: 5.22%
High-rate submitted: 5.23%
Low-rate submitted: 5.18%
Treasury Collateral Operation
Total accepted: $750 Mln
Total submitted: $9 Bln
Stop-Out Rate: 4.92%
Weighted Average: 4.94%
High-rate submitted: 4.96%
Low-rate submitted: 4.75%
Mortgage-Backed Collateral Operations
Total accepted: $1.903 Bln
Total submitted: $10.35 Bln
Stop-Out Rate: 5.23%
Weighted Average: 5.24%
High-rate submitted: 5.24%
Low-rate submitted: 5.19%
(Data was provided by the New York Federal Reserve Bank).
that's just a manifestation of temporary excess liquidity from the $65 billion in Treasury debt paydowns.
http://wallstreetexaminer.com/trading/inde...indpost&p=32152
If Fed was serious about the rate which they have set then one would see them draining excess liquidity to bring rates in line...IMHO
And here's MGM.
OUch!
Looks like "NO DEAL" Howie!
OUch!
Looks like "NO DEAL" Howie!
WSJ(6/20) Two Big Funds At Bear Stearns Face Shutdown
(From THE WALL STREET JOURNAL)
By Kate Kelly, Serena Ng and David Reilly
Two big hedge funds at Bear Stearns Cos. were close to being shut down last
night as a rescue plan developed over several days fell apart in a drama that
could have wide-ranging consequences for Wall Street and investors.
*DJ JPMorgan Already Selling Bear Stearns Hedge Fund Assets-Crapvision
*DJ JPMorgan Started Selling Stearns Assets Tuesday Night - Crapvision
*DJ Deutsche Bank, Others Also Selling Fund Assets - Crapvision
*WSJ: Merrill To Dump Bear Fund's Assets
WSJ(6/20) Two Big Funds At Bear Stearns Face Shutdown
(From THE WALL STREET JOURNAL)
By Kate Kelly, Serena Ng and David Reilly
Two big hedge funds at Bear Stearns Cos. were close to being shut down last
night as a rescue plan developed over several days fell apart in a drama that
could have wide-ranging consequences for Wall Street and investors.
*DJ JPMorgan Already Selling Bear Stearns Hedge Fund Assets-Crapvision
*DJ JPMorgan Started Selling Stearns Assets Tuesday Night - Crapvision
*DJ Deutsche Bank, Others Also Selling Fund Assets - Crapvision
*WSJ: Merrill To Dump Bear Fund's Assets
QUOTE(I_Am_Madness @ Jun 20 2007, 09:17 AM)
And here's MGM.
OUch!
Looks like "NO DEAL" Howie!
OUch!
Looks like "NO DEAL" Howie!
This LBO/Private Equity scam reminds me of my 8th grade ballroom dancing class - there was always the odd hog or nerd who couldn't match up in the pairing line. Whom everybody would stare at throughout the dance. Eventually, the driver's ed teacher or a substitute teacher would pair up and end the misery.
Acne infested, BO crippled MGM is waiting for Mr. Right.
I might be early.
Donged JBLU at 10.89...
Donged JBLU at 10.89...
QUOTE(I_Am_Madness @ Jun 20 2007, 10:37 AM)
I might be early.
Donged JBLU at 10.89...
Donged JBLU at 10.89...
Looks pretty nice. How are the fundamentals (I normally don't follow the airlines).
"The global economy is now firing on all engines in a way that produces better balance, more sustained growth and expanding opportunities,"Paulson:
QUOTE(potatohead @ Jun 20 2007, 09:27 AM)
WSJ(6/20) Two Big Funds At Bear Stearns Face Shutdown
(From THE WALL STREET JOURNAL)
By Kate Kelly, Serena Ng and David Reilly
Two big hedge funds at Bear Stearns Cos. were close to being shut down last
night as a rescue plan developed over several days fell apart in a drama that
could have wide-ranging consequences for Wall Street and investors.
*DJ JPMorgan Already Selling Bear Stearns Hedge Fund Assets-Crapvision
*DJ JPMorgan Started Selling Stearns Assets Tuesday Night - Crapvision
*DJ Deutsche Bank, Others Also Selling Fund Assets - Crapvision
*WSJ: Merrill To Dump Bear Fund's Assets
(From THE WALL STREET JOURNAL)
By Kate Kelly, Serena Ng and David Reilly
Two big hedge funds at Bear Stearns Cos. were close to being shut down last
night as a rescue plan developed over several days fell apart in a drama that
could have wide-ranging consequences for Wall Street and investors.
*DJ JPMorgan Already Selling Bear Stearns Hedge Fund Assets-Crapvision
*DJ JPMorgan Started Selling Stearns Assets Tuesday Night - Crapvision
*DJ Deutsche Bank, Others Also Selling Fund Assets - Crapvision
*WSJ: Merrill To Dump Bear Fund's Assets
I guess the bad news is all out, power bone that gap and crap!
QUOTE(mmoy @ Jun 20 2007, 09:38 AM)
QUOTE(I_Am_Madness @ Jun 20 2007, 10:37 AM)
I might be early.
Donged JBLU at 10.89...
Donged JBLU at 10.89...
Looks pretty nice. How are the fundamentals (I normally don't follow the airlines).
I read that UAL will be hiring 200 new pilots for the first time in 6 years. The last time they did this was back in 2001. With business booming around the world, i can't imagine the airlines can be held down for too long.
Technically some of these look good.
QUOTE(I_Am_Madness @ Jun 20 2007, 08:44 AM)
QUOTE(mmoy @ Jun 20 2007, 09:38 AM)
QUOTE(I_Am_Madness @ Jun 20 2007, 10:37 AM)
I might be early.
Donged JBLU at 10.89...
Donged JBLU at 10.89...
Looks pretty nice. How are the fundamentals (I normally don't follow the airlines).
I read that UAL will be hiring 200 new pilots for the first time in 6 years. The last time they did this was back in 2001. With business booming around the world, i can't imagine the airlines can be held down for too long.
Technically some of these look good.
wasn't that right before they went bankrupt?
Bully is starting to look a bit tired
QUOTE(potatohead @ Jun 20 2007, 10:04 AM)
QUOTE(I_Am_Madness @ Jun 20 2007, 08:44 AM)
QUOTE(mmoy @ Jun 20 2007, 09:38 AM)
QUOTE(I_Am_Madness @ Jun 20 2007, 10:37 AM)
I might be early.
Donged JBLU at 10.89...
Donged JBLU at 10.89...
Looks pretty nice. How are the fundamentals (I normally don't follow the airlines).
I read that UAL will be hiring 200 new pilots for the first time in 6 years. The last time they did this was back in 2001. With business booming around the world, i can't imagine the airlines can be held down for too long.
Technically some of these look good.
wasn't that right before they went bankrupt?
Not sure...was it?
ERF and the canroys rallying despite weakness in the oil sector.
Looks like a short bottom for ERF.
Looks like a short bottom for ERF.
If this thing is really turning the leading index has been the Footsie.
Thanks Mmoy and Feedfool for the info on virtual machines. I think one would have to be technically competent to set it up and unfortunately I'm not in that camp 
Sounds like the way to go though......
Sounds like the way to go though......
The LBO mania is making it easy for companies to pump their own stock. All they have to do is come out and deny they are in talks about a possible sale and the market will do the rest. Easy as pie.
QUOTE(Sudaca @ Jun 20 2007, 11:56 AM)
The LBO mania is making it easy for companies to pump their own stock. All they have to do is come out and deny they are in talks about a possible sale and the market will do the rest. Easy as pie.
AMD has done that over and over again this year.
Only a few articles point out that AMD getting bought out would mean that they lose
their license to manufacture and sell PC chips. And they're not worth that much without
that ability.
QUOTE(mmoy @ Jun 20 2007, 11:04 AM)
QUOTE(Sudaca @ Jun 20 2007, 11:56 AM)
The LBO mania is making it easy for companies to pump their own stock. All they have to do is come out and deny they are in talks about a possible sale and the market will do the rest. Easy as pie.
AMD has done that over and over again this year.
Only a few articles point out that AMD getting bought out would mean that they lose
their license to manufacture and sell PC chips. And they're not worth that much without
that ability.
The stock market mania down here makes it easy for us money managers to pump up our own value. All we have to do is deny that we are in talks with the competition over a possible new job, and the company will automatically give you a raise.
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