Game thread: Today's DJIA

[Pony Soup]

Can we blame any of this on Pye? PB? Cavan? Copeland?

Blame Me. Sorry!

you're the guy from XTO who sold all those shares this week?

No no (I am guessing you mean XTO's CEO Bob Simpson - although i havent watched their Form 4s - and i laugh at CHK being a 14 dollar stock).

Anyways, try again. But think further back, where it all began.

[RGV Pony]

Can we blame any of this on Pye? PB? Cavan? Copeland?

Blame Me. Sorry!

you're the guy from XTO who sold all those shares this week?

No no (I am guessing you mean XTO's CEO Bob Simpson - although i havent watched their Form 4s - and i laugh at CHK being a 14 dollar stock).

Anyways, try again. But think further back, where it all began.

Yeah, awhile back I was back and forth between XTO and CHK. Not that either matter now. Where it all began. Hm. Guess you're a countrywide guy, huh?

[mrydel]

Anyways, try again. But think further back, where it all began.

Yep. When Eve made Adam eat that apple, we have been paying for it ever since.

[SmooBoy]

Here's the sunshine news:

The New York Stock Exchange will implement new circuit-breaker collar trigger levels for fourth-quarter 2008 effective Wednesday, October 1, 2008.

Circuit-breaker points represent the thresholds at which trading is halted marketwide for single-day declines in the Dow Jones Industrial Average (DJIA). Circuit-breaker levels are set quarterly as 10, 20 and 30-percent of the DJIA average closing values of the previous month, rounded to the nearest 50 points.

In fourth-quarter 2008, the 10, 20 and 30-percent decline levels, respectively, in the DJIA will be as follows:

Level 1 Halt
A 1,100-point drop in the DJIA before 2 p.m. will halt trading for one hour; for 30 minutes if between 2 p.m. and 2:30 p.m.; and have no effect if at 2:30 p.m. or later unless there is a level 2 halt.

Level 2 Halt
A 2,200-point drop in the DJIA before 1:00 p.m. will halt trading for two hours; for one hour if between 1:00 p.m. and 2:00 p.m.; and for the remainder of the day if at 2:00 p.m. or later.

Level 3 Halt
A 3,350-point drop will halt trading for the remainder of the day regardless of when the decline occurs.

Background:
Circuit-breakers are calculated quarterly. The percentage levels were first implemented in April 1998 and are adjusted on the first trading day of each quarter. In 2008, those dates are Jan. 2, April 1, July 1 and Oct. 1.

It can't go to zero today, by golly!

[Pony Soup]

Can we blame any of this on Pye? PB? Cavan? Copeland?

Blame Me. Sorry!

you're the guy from XTO who sold all those shares this week?

No no (I am guessing you mean XTO's CEO Bob Simpson - although i havent watched their Form 4s - and i laugh at CHK being a 14 dollar stock).

Anyways, try again. But think further back, where it all began.

Yeah, awhile back I was back and forth between XTO and CHK. Not that either matter now. Where it all began. Hm. Guess you're a countrywide guy, huh?

No - not countrywide. But F their loans werent that ugly relative to what we came up with on our own. We were BIG buyers of flow production from CW though...something like 4 billion a month

[03Mustang]

I was a Countrywide guy - worked with their CMBS group.

I came on right when things blew up last year...it was brutal but the 8 months' worth of pay for doing nothing was pretty nice. Getting laid off sucked but at least we all knew it was coming.

[RGV Pony]

Can we blame any of this on Pye? PB? Cavan? Copeland?

Blame Me. Sorry!

you're the guy from XTO who sold all those shares this week?

No no (I am guessing you mean XTO's CEO Bob Simpson - although i havent watched their Form 4s - and i laugh at CHK being a 14 dollar stock).

Anyways, try again. But think further back, where it all began.

Yeah, awhile back I was back and forth between XTO and CHK. Not that either matter now. Where it all began. Hm. Guess you're a countrywide guy, huh?

No - not countrywide. But F their loans werent that ugly relative to what we came up with on our own. We were BIG buyers of flow production from CW though...something like 4 billion a month

Hello FNM?

[Pony Soup]

Can we blame any of this on Pye? PB? Cavan? Copeland?

Blame Me. Sorry!

you're the guy from XTO who sold all those shares this week?

No no (I am guessing you mean XTO's CEO Bob Simpson - although i havent watched their Form 4s - and i laugh at CHK being a 14 dollar stock).

Anyways, try again. But think further back, where it all began.

Yeah, awhile back I was back and forth between XTO and CHK. Not that either matter now. Where it all began. Hm. Guess you're a countrywide guy, huh?

No - not countrywide. But F their loans werent that ugly relative to what we came up with on our own. We were BIG buyers of flow production from CW though...something like 4 billion a month

Hello FNM?

NO WAY..but i have great stories about fannie and freddie=)

[Alaric]

Can we blame any of this on Pye? PB? Cavan? Copeland?

Blame Me. Sorry!

you're the guy from XTO who sold all those shares this week?

No no (I am guessing you mean XTO's CEO Bob Simpson - although i havent watched their Form 4s - and i laugh at CHK being a 14 dollar stock).

Anyways, try again. But think further back, where it all began.

Yeah, awhile back I was back and forth between XTO and CHK. Not that either matter now. Where it all began. Hm. Guess you're a countrywide guy, huh?

No - not countrywide. But F their loans werent that ugly relative to what we came up with on our own. We were BIG buyers of flow production from CW though...something like 4 billion a month

Hello FNM?

NO WAY..but i have great stories about fannie and freddie=)

give some more hints...private equity, pension fund, Texas Teachers Retirement since you're in Austin?

[RGV Pony]

[smupony94]

Blue Horse Shoe Loves Anacot Steel.

[RGV Pony]

Blue Horse Shoe Loves Anacot Steel.

One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's [deleted]. You got ninety percent of the American public out there with little or no net worth.

[smupony94]

Doesn't Fortis sponsor a team?

[Blue Horseshoe]

Blue Horse Shoe Loves Anacot Steel.

You once told me never to get emotional. We are 1-5 with six games to go. As your broker, I'm advising you to sell!

You have six games to close...what do you want to do 94?

[jtstang]

You got ninety percent of the American public out there with little or no net worth.

It feels good to finally be in the majority on something.