> Should have included this in the news section of the opening post:

> +++++++++

> Ford Motor Company Announces Pricing Results of Convertible Notes
> Offering
> Tuesday, 3 Nov 2009 07:47pm EST
> Ford Motor Company announced the pricing of its offering of senior
> convertible notes due November 15, 2016. Notes in the aggregate
> principal amount of $2.5 billion will be offered, an increase from
> the
> $2 billion previously announced. The notes will be senior unsecured
> obligations of Ford and will bear interest at a fixed rate of 4.25%
> per year. Ford has granted the underwriters an option to purchase an
> additional $375 million in aggregate principal amount of notes. The
> notes will be convertible, under certain circumstances, into shares
> of
> Ford common stock, cash or a combination thereof, at Ford's election.
> The initial conversion rate is 107.5269 shares of Ford common stock
> per $1,000 principal amount of notes, which is equivalent to an
> initial conversion price of approximately $9.30 per share. The
> conversion rate and the conversion price are subject to adjustment
> upon the occurrence of certain events. Barclays Capital, BofA Merrill
> Lynch, Citi, Deutsche Bank Securities, Goldman Sachs & Co., J.P.
> Morgan, Morgan Stanley and RBS are acting as joint book-running
> managers of the notes offering. Net proceeds to Ford from the senior
> convertible notes offering are expected to be used for general
> corporate purposes. "

> +++++++++

> Also, GM has apparently decided to NOT sell OPEL and Nissan is
> reported as having returned to profitability as well.

> On Nov 4, 6:32 am, wijram <wij...@gmail.com> wrote:

> > Good Morning, Think Tank & All~

> > FINALLY it looks like we have a day when the general environment will
> > be supportive.

> > Overnight Asia was UP nicely ~ from the Nikkei's +.4% to the Hang
> > Seng's UP 1.7%.  Europe is even stronger.  At the moment the major
> > European markets range from London's UP .96% to the CAC 40'S up
> > 1.96%.  Oil prices are responding as well ~ UP $.45 to get above
> > $80.00 a barrell again.

> > The DJIA futures at this hour are being reported as UP 61 pts. and the
> > S&P as UP 6.701.

> > More importantly, F at 8:20 eastern traded at $7.46, with 48K shares
> > already traded in the directed market.

> > The Pivot Point numbers for F for today, for those that find them
> > useful:
> > ++++++
> >   Standard
> > R3 7.99667
> > R2 7.83333
> > R1 7.63667
> > PP 7.47333
> > S1 7.27667
> > S2 7.11333
> > S3 6.91667
> > Observation: BEARISH with a closing price between pivot point and S1.
> > ++++++

> > The news features a story that the auto sales reports show that the
> > economy is recovering.

> > Speaking of news, it will be dominated today, or at least we think it
> > will be, by the Fed statement due out later today.

> > So, as always, REALLY interested in what you think the day will bring
> > for those of us interested in F.  In particular, where will trading
> > open in the regular markets, what will the bottom of the dip be, how
> > high can she make it today and where will she close.

> > Each of you can share your thoughts ~ and PLEASE do.

> > Looks like a LONG way to R2 ~ can we make it today?- Hide quoted text -

> - Show quoted text -