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Deals With Hedge Funds May Be Helping Merrill Delay Mortgage Losses...


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#1 Bob-C

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Posted 02 November 2007 - 01:50 AM

Hi everyone, according to an article from online.wsj.com by Susan Pulliam entitled "Deals With Hedge Funds May Be Helping Merrill Delay Mortgage Losses":

Merrill Lynch & Co., in a bid to slash its exposure to risky mortgage-backed securities, has engaged in deals with hedge funds that may have been designed to delay the day of reckoning on losses, people close to the situation said.

The transactions are among the issues likely to be examined by the Securities and Exchange Commission. The SEC is looking into how the Wall Street firm has been valuing, or "marking," its mortgage securities and how it has disclosed its positions to investors, a person familiar with the probe said. Regulators are scrutinizing whether Merrill knew its mortgage-related problem was bigger than what it indicated to investors throughout the summer.


Cheers, ;)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#2 Bob-C

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Posted 02 November 2007 - 02:31 AM

Hi everyone, here is the MER daily TL chart:

http://chart.nu/char...7&filter=21.png

Here is the MER weekly TL chart:

http://chart.nu/char...01&filter=8.png

Here is the MER one-year-daily chart with MACD, Fast STO, and Slow STO.

Here is the MER one-year-weekly chart with MACD, Fast STO, and Slow STO.

Here are the MER daily and weekly Gallery Charts.

Here is the MER six-month-daily chart with StochRSI, RSI(2), and RSI(5)

Here is the MER six-month-weekly chart with StochRSI, RSI(2), and RSI(5)


Here is the XBD daily TL chart:

http://chart.nu/char...7&filter=21.png

Here is the XBD weekly TL chart:

http://chart.nu/char...01&filter=8.png

Here is the XBD one-year-daily chart with MACD, Fast STO, and Slow STO.

Here is the XBD one-year-weekly chart with MACD, Fast STO, and Slow STO.

Here are the XBD daily and weekly Gallery Charts.

Here is the XBD six-month-daily chart with StochRSI, RSI(2), and RSI(5)

Here is the XBD six-month-weekly chart with StochRSI, RSI(2), and RSI(5)

Here is the LEH daily TL chart:

http://chart.nu/char...7&filter=21.png

Here is the LEH weekly TL chart:

http://chart.nu/char...01&filter=8.png

Here is the LEH one-year-daily chart with MACD, Fast STO, and Slow STO.

Here is the LEH one-year-weekly chart with MACD, Fast STO, and Slow STO.

Here are the LEH daily and weekly Gallery Charts.

Here is the LEH six-month-daily chart with StochRSI, RSI(2), and RSI(5)

Here is the LEH six-month-weekly chart with StochRSI, RSI(2), and RSI(5)

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#3 pdx5

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Posted 02 November 2007 - 03:12 AM

Hi Bob-C, thanks for posting the charts. The TT board sure was caught on the wrong foot for thursday, since the bullish side was 3 times greater in number than bearish side in the daily poll. Best luck on your trades! Roberto

Edited by pdx5, 02 November 2007 - 03:12 AM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 Bob-C

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Posted 02 November 2007 - 03:29 AM

Hi Bob-C, thanks for posting the charts. The TT board sure was caught on the wrong foot for
thursday, since the bullish side was 3 times greater in number than bearish side in the daily poll.

Best luck on your trades!

Roberto

You're welcome Roberto, it's a pleasure to hear from you. ;)

Best of luck on your trades too! :)

Bob
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.