SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (77670)7/21/2003 3:37:35 PM
From: patron_anejo_por_favor  Respond to of 209892
 
<<How are the homers doing?>>

Look pretty nasty, though the PMI's popped briefly last week:

stockcharts.com[h,a]daclyyay[pc20!c30][vc60][iUb14!La12,26,9]&pref=G
stockcharts.com[h,a]daclyyay[pc20!c30][vc60][iUb14!La12,26,9]&pref=G
stockcharts.com[h,a]daclyyay[pc20!c30][vc60][iUb14!La12,26,9]&pref=G

I'd like to get a decent bounce to sell 'em, but I may take a few KBH puts to get the ball rolling.....



To: AllansAlias who wrote (77670)7/21/2003 9:01:48 PM
From: NOW  Respond to of 209892
 
"The price of debt issued by US mortgage financiers Freddie Mac and Fannie Mae fell to its lowest level in two months on Monday amid market rumours that European central banks had been encouraged to reduce their holdings.


Unconfirmed reports that the European Central Bank had recommended central banks cut their holdings of so-called agency debt sparked selling.

Agency debt spreads widened around 4 basis points last week, and a further 2 basis points on Monday, traders said. The selling pushed the spread on 10-year agency debt relative to Treasuries out to 43 points - the highest level since May.

The ECB declined to comment."