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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Slife who wrote (6868)11/2/2007 3:38:15 PM
From: Nihontochicken  Read Replies (1) | Respond to of 50724
 
No, but, per Richard Russell, I did move most of my rather large cash position from money market funds having a lot of corporate paper (presumably including some number of toxic CDOs) into MMFs utilizing US Treasuries only, at a cost of 1%/year less interest income. Not that I expect any Schwab or Fidelity MMF to fail, but just to be safe, will wait for the SIV/CDO smoke to clear.

NC



To: Slife who wrote (6868)11/2/2007 4:16:14 PM
From: wsw1  Respond to of 50724
 
i'm not, because i'm trading just options...

however, his message has one major affect on share prices for the very simple reason that if more people call in their share certificates from the brokerages, the "tradeable float" supply decreases, which also decreases the availability of shares to short...

the bottom line is that less supply coupled with high demand = higher prices



To: Slife who wrote (6868)11/2/2007 4:37:02 PM
From: pogohere  Respond to of 50724
 
Yes