He's also balls to walls loaded up with MBS (as are the banks) and it looks like the Fed is about to restart its MBS purchase program.
Yeah, sure, although he's got so much ground to cover I am not sure MBS would do the trick, Fed or no Fed.
All the GMCR shorts who lassoed onto Einhorn (who no doubt has been covering part of his bet the last 48 hours) about to get their faces ripped off. http://notablecalls.blogspot.com/2011/10/actionable-call-alert-green-mountain.html +5% premarket.
Besides what is your take on the JPY spike ?? Went out for an hour and saw 2 USDJPY buy orders filled largely :eek:
What do you mean by 2 USDJPY buy orders filled largely ?? Can you pls explain clearly. EDIT: Its a great buy opportunity, use a wide stop though below 75.5 and you will be fine.