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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (145734)9/11/2008 11:15:40 AM
From: Think4YourselfRead Replies (3) | Respond to of 306849
 
I was looking at major holders of COF in an attempt to understand why certain crap stocks keep coming back. Dodge and Cox is a massive holder of COF stock via their various funds, amassing over 81 million shares. Maybe when companies amass this many shares, they HAVE to support the stock as long as they can. If COF were to go from 45 to 25 Dodge and Cox would lose 1.62 billion right there on that one stock

Dodge and Cox also owns 300 millin shares of Wachovia bank, 29 million shares of WFC, 122 million FNM, 190 million AIG...

I am SO glad Dodge and Cox doesn't (mis)manage my money! Their fund holders are going to get reamed.



To: The Reaper who wrote (145734)9/11/2008 11:18:58 AM
From: MulhollandDriveRespond to of 306849
 
EOD should be interesting...

i'm convinced that shorts have been the biggest underpinning of this market

(vix trending up, but well off the july high and not even close to the high right before the BS bailout)



To: The Reaper who wrote (145734)9/11/2008 12:33:56 PM
From: TommasoRead Replies (1) | Respond to of 306849
 
>>>I am just astounded that this market can continue to take these body blows and come back today.<<<

Me too. I wonder how much of the trading is mutual funds, pension funds, trust departments, insurance companies, and so on, where whoever is writing the orders has little personal stake in the money involved. There is probably a good deal of confidence now that either the Treasury or the Fed will prop up anyone and everyone, somehow, and that all will be well in the end.