Ford on Tuesday April 24 2012

[Gotluck]

Good morning TT,

Nailed it as far as I'm concerned, Kiwi. More important things so, in
my case, add an earthquake to that sumo-cycler’s challenge. …I can
only hope for grease. Good time for me to stand back.

Looks like Spain had a rough auction. Headlines say yields doubled.
Yesterday’s news is their economy shrank 0.4%. This would be the
largest of the PIIGS slipping. Probably more in the way of headline
risk but hey, it’s almost May.

Mondays Game
Plyr Nsrb* Tmln Gtlk Avg. Actual
Open 11.17* 11.10 11.10 11.12 11.15
High 11.58* 11.21 11.12 11.30 11.40
Low 11.11* 10.98 10.78 10.96 11.15
Close 11.51* 11.01 10.91 11.14 11.35
Diff. 0.40* 0.75 1.14 0.52

Notsorichbob top to bottom.
Great call, great game.

[notsorichbob]

Wijram,
Are you up for the game today?  I'll need another cheerleader to keep this mini-rally going.  I'm under water and holding my breath - need 12 to get more air.

[Paul]

Ford Motor Credit Raised to Investment Grade by Fitch
http://www.bloomberg.com/news/2012-04-24/ford-ford-motor-credit-raised-to-investment-grade-by-fitch-1-.html

Finally.

[wijram]

Hey notsorichbob~

I am certainly with you but, more importantly, it appears that Fitch
does as well.

Now, the question becomes how high this, the earnings report and the
Apr sales report will push F common.

[notsorichbob]

O  -  11.65  have to go for a triple gap - have we ever had one before?
H  -   11.82
L  -   11.56
C  -  11.77

[Gotluck]

11.60
11.73
11.49
11.71

[wijram]

O: $11.61
H: $12.01
L: $11.52
C: $11.93


On Apr 24, 7:54 am, Paul <pnavit...@gmail.com> wrote:
> Ford Motor Credit Raised to Investment Grade by Fitchhttp://www.bloomberg.com/news/2012-04-24/ford-ford-motor-credit-raise...

[wijram]

Hey notsorichbob~

My HIGH for the day is my hope for you!

[wijram]

Think Tank & All~

Housing shows surprising gain:

----
S&P Case-Shiller HPI
Released On 4/24/2012 9:00:00 AM For Feb, 2012
Prior Prior Cons Consens Range Actual
Revised
20-city, SA - M/M 0.0% -0.1% 0.1% -0.3% to 0.2% 0.2%
20-city, NSA - M/M -0.8% -1.0% -0.8%
20-city, NSA - Y/Y -3.8% -3.9% -3.3% -3.7% to -3.1% -3.5%

Highlights
Home prices showed mild improvement in February as the seasonally
adjusted Case-Shiller composite 20 city index rose a monthly 0.2
percent, following a 0.1 percent dip the prior month (originally
flat). The year-on-year rate (unadjusted) improved to minus 3.5 from a
revised minus 3.9 in February.

As usual, the numbers vary sharply by city. On the plus side, Phoenix
continued a string of pluses, rising 2.1 percent in the latest month.
Miami and Minneapolis also are having a nice run upward. On the
downside, Atlanta continued its slide, dipping 2.0 percent in
February. Also with negative consecutive strings are Chicago, New
York, and Cleveland.

[wijram]

Think Tank & All~

Retail reports mixed, but OK. While Redbook showed some weakness, the
ISC surprised to the upside.

----
ICSC-Goldman Store Sales
Released On 4/24/2012 7:45:00 AM For wk4/21, 2012
Prior Actual
Store Sales - W/W change -1.0% 0.8%
Store Sales - Y/Y 3.2% 3.6%

Highlights
Sales accelerated in the April 21 week, up 0.8 percent according to
the same-store sales index from ICSC-Goldman which cites the week's
warm weather, receding gas prices, as well as what it says is
improving confidence among high-income households. The report's year-
on-year rate moved four tenths higher to plus 3.6 percent.----
----

[wijram]

Think Tank & All~

Seems like the good news just came to an end.

Consumer confidence and home prices both even weaker than expected.

Hence, I doubt that my targets will be reached today.

Therefore, off to do something else productive.

On Apr 24, 8:44 am, wijram <wij...@gmail.com> wrote:

[frozen kiwifruit]

Morning all, or afternoon, as the case may be.

Targets reached: 

http://screencast.com/t/zKoUcj9e

http://screencast.com/t/R5XbY5FjS

Shorting heavily here.  Will wait till thursday to load up on more F.  Already holding a decent sized bag.