was 8.21 the bottom today? Man, crazy action. Watch this POS go back to $10 and then maybe dump into close...
Actually they are selling and it is contributing to the slide. They don't want to show large positions in this sector on their books for their portfolio's in their funds. They don't want Mutual Fund investors to see losers in their porfolio's...... Watch short squeezes....
it grates me that even when i have someone on ignore, i still have to read their stuff that other people quote
there is a massive wave of option ARM and ALT-A resets in 2010 and 2011 actually more dollar value than the subprime resets we are going through now so unless you reckon that these mortgages are going to survive the resets, looks like 2012 may be the bottom
WOW! That was a pretty nice comeback. From a low of $8.21 and then end the day down 29 cents at $10.28.
maybe a medical expense, for the therapy lol I mean he isnt really that irritating, just that he says the same thing all the time, doesnt even add reasons or logic its just pointless, waste of bandwidth
about 2 mths ago I did a straddle on the JAN 09 options... call 45 put 5 sold half the call position last week.. you guys think I should just close out both sides ... hate to be greedy and hold em ... but it just seems alot more downside is possible and I have a decent amt of time... thanks in advance