karennma
8,057 posts
msg #54056
- Ignore karennma |
8/14/2007 1:39:27 PM
CNBC just had a segment on Hedge Funds.
Apparently huge amounts of money are being taken OUT of hedge funds.
Muriel Siebert mentioned yesterday that HFs are not regulated, therefore, you should expect lots of volatility. And we no longer have the uptick rule for shorting.
Fewer rules, less regulation = more volatility.
I guess you could say ...
Hedge Funds made this market go up, so ,,,
Hedge Funds can make this market KEEP GOING DOWN.
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nikoschopen
2,824 posts
msg #54057
- Ignore nikoschopen |
8/14/2007 2:00:01 PM
This is from Yahoo! Finance:
Exacerbating investors' nervousness on Tuesday was confirmation that Sentinel Management Group Inc., which oversees $1.6 billion in assets, is seeking to halt investor redemptions. Other funds are said to have similar problems as they face withdrawal demands at a time it has become difficult to value low-quality debt.
Hedge funds and other big institutional investors have taken a beating in recent weeks due to the market turbulence. On Monday, Goldman Sachs Group Inc. said three funds it manages have had significant losses -- and infused $3 billion in capital into one of them.
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msummer2007
129 posts
msg #54058
- Ignore msummer2007 |
8/14/2007 2:04:32 PM
This is not the end of it. More and more funds are going to be claiming significant losses. This is like watching the Soprano's. When someone is dead, shoot him a few more times to make sure.
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nikoschopen
2,824 posts
msg #54059
- Ignore nikoschopen |
8/14/2007 2:45:38 PM
If they halt investor redemptions, then what? You might as well stick ure head up the ass and fervently wish this is just a bad dream. Haven't we already gone down that lane back in 2000?
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nikoschopen
2,824 posts
msg #54060
- Ignore nikoschopen |
8/14/2007 3:04:32 PM
S&P said it has not taken any action on the "450 money market funds around the world to which it assigns principal stability fund ratings. Less than half a dozen of the rated funds have exposure to the asset-backed commercial paper programs that experienced maturity extensions last week." (Reuters)
You know as much as I do what this means.
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karennma
8,057 posts
msg #54061
- Ignore karennma |
8/14/2007 3:44:58 PM
We're DOWN hard today, folks!
Anybody into trend lines?
Tell me what this means ...
$INDU
7/30 - 13,220
8/01 - 13,135
8/06 - 13,159
8/10 - 13,059
8/14 - 13,034
Which day was "the bottom"?
:>)
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karennma
8,057 posts
msg #54062
- Ignore karennma |
8/14/2007 3:51:20 PM
When the $INDU is:
below the 25dma
below the 50dma
below the 100dma
below the 200dma
What does that mean?
:>)
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karennma
8,057 posts
msg #54064
- Ignore karennma |
8/14/2007 4:25:24 PM
nikoschopen
This is from Yahoo! Finance:
Exacerbating investors' nervousness on Tuesday was confirmation that Sentinel Management Group Inc., which oversees $1.6 billion in assets, is seeking to halt investor redemptions. Other funds are said to have similar problems as they face withdrawal demands at a time it has become difficult to value low-quality debt.
Hedge funds and other big institutional investors have taken a beating in recent weeks due to the market turbulence. On Monday, Goldman Sachs Group Inc. said three funds it manages have had significant losses -- and infused $3 billion in capital into one of them.
===============================================================================
Halting investor redemptions!!?
That sounds like Enron!
And on top of that .... the Central bank infusions on Friday, now Goldman Sachs?
Goldman Sachs - $3 billion infusion
FRB - $38 billion infusion
Japan - $8.4 billion infusion (1 trillion yen)
Reserve Bank of Australia - $4.19 billion infusion
European Central Bank - $214 billion infusion
Are the U.S. markets are on life support?
Nice of them to help, tho'.
I wonder if I send them my bank account number, can I get an "infusion"?
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petrolpeter
439 posts
msg #54071
- Ignore petrolpeter |
8/15/2007 3:58:09 AM
LOL.Give these guys a trillian dollar credit card and look what happens,and so soon.Bernanke doesn't seem to feel sorry for em.1000 pts. out of this bubble so far!
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nikoschopen
2,824 posts
msg #54075
- Ignore nikoschopen |
8/15/2007 11:15:45 AM
The CPI data came in line with the consensus, which means the market might get its relief rally. The caveat is whether the Fed will now (preemptively) lower the interest rate, perhaps sooner than later.
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