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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Topannuity who wrote (31695)7/16/2008 9:32:30 PM
From: happy_camper  Respond to of 208187
 
The ABX index is flawed, this guy tells you why.

bankstocks.com



To: Topannuity who wrote (31695)7/16/2008 9:51:55 PM
From: da_cheif™  Respond to of 208187
 
trust me......theres an army still thinking this is only a bear market rally....in sept this year around the 22nd a retest may or may not occur.....in any event the bottom for most stocks appears to be in for a variety of reasons........unlessss......lol



To: Topannuity who wrote (31695)7/16/2008 10:03:38 PM
From: rogermci®  Respond to of 208187
 
I luv guarantees. One should only bet on sure things.



To: Topannuity who wrote (31695)7/18/2008 7:57:32 AM
From: Topannuity  Respond to of 208187
 
Briefing Fri July 18
Citi (C) up big this morning because earnings weren't AS BAD AS consensus. However large writedowns ($5B) continued. And prospects for continued losses remain.. Financial Times reports a benchmark auction of distressed debt assets has given investors a gloomy guide to the prospects of recovering cash from the troubled structured investment vehicles that have been at the heart of the credit crunch. The assets auctioned from a $7 bln SIV formerly known as Cheyne Finance this week drew bids that would pay only 44 cents in the dollar if investors opted for a cash exit from the vehicle, it was revealed on Thursday. In spite of the low prices at the auction, more creditors in Cheyne Finance are expected to opt for the cash payout than indicated interest before the auction, illustrating that it is a better result than initially expected. Creditors in SIV Portfolio have been struggling for nearly a year to recover their investments.