Seeking Alpha
  • Regarded Solutions
    I do hope my readers did not get hurt with AGNC and NLY.....I sold the rest of NLY today.
    10/15/12
    Reply (25)
    • Windsun33: I dumped all my AGNC last Tuesday, for a 13% gain + the dividends I have gotten over the past two years. Will look at it again when stable
      10/15/12
    • dieuwer: I am not selling as the spread is a high as every. Consider this: to whom is everyone selling? Seems to me the smart money is buying.
      10/15/12
    • dieuwer: ...while the little SeekingAlpha guy is panicking and selling. Oh, the Blood In The Street!
      10/15/12
    • joe kelly: Be greedy when others are fearful. Unfortunately sometimes it's wise to be afraid.
      10/15/12
    • dieuwer: Being afraid is an emotion.
      10/15/12
    • Windsun33: I think the mREITS will bottom out here in a week or three - if they do will buy AGNC again. Down about 7% now from when I sold it.
      10/15/12
    • Regarded Solutions: smart money is buying? Who? Mike? yep we know, but my pockets are not that deep and I do not make 20 million a year yet.
      10/15/12
    • Regarded Solutions: I would NOT buy them until the Fed gets out of the way, or the effects of the Fed are reduced drastically. I never fight the Fed. EVER!!
      10/15/12
    • joe kelly: If we were all Vulcans I wouldn't worry about emotions Dieuwer. Good trading to you sir.
      10/15/12
    • dieuwer: @Regarded: the FED is buying MBS! Don't fight the FED. JOIN THEM (in buying)
      10/15/12
    • Regarded Solutions: yep thats why the prices have tanked right? brilliant.
      10/15/12
    • dieuwer: Prices tanked because scared sheople with tin foil hats sold.
      10/15/12
    • Regarded Solutions: ahhhh, okie dokie smokie.
      10/15/12
    • dieuwer: AGNC datapoint: all-time high on 9/17. Sheople were quiet. Nobody saying "SELL". Currently, after down 10+% and everyone saying "SELL".
      10/15/12
    • dieuwer: So much for "buying low, selling high". Huh?? Bwhahahaha.
      10/15/12
    • Regarded Solutions: you have not been reading my articles have you...shame shame shame on you. Youre forgiven though.
      10/15/12
    • SaltyDog62: Took some profits, but still in the game long term. LONG NLY MTGE TWO
      10/15/12
    • dieuwer: I'm long AGNC, AMTG, MTGE. I ain't selling until the talking heads on CNBC feature a mREIT IPO every week.
      10/15/12
    • Regarded Solutions: be careful kiddies...its coooolllllld out there.
      10/15/12
    • dieuwer: Seriously, ask your colleague or neighbor if he/she owns mREITs. Even ask the cab driver. I bet they all own Apple shares and ZERO mREITs.
      10/15/12
    • dieuwer: Or perhaps Facebook shares....lol
      10/15/12
    • Regarded Solutions: my neighbor cannot afford an Apple. LOL....the cabby has all the money in that medallion.
      10/15/12
    • dieuwer: Yeah, medallions are irrationally expensive. Mmmm...opportunity? How about a double short medallion ETF? lol
      10/15/12
    • jammerculture: For me the actions by the Fed created another layer of uncertainty, turning an investment into a speculation, so I'm out. Done.
      10/15/12
    • Iwant2fly: Thanks RSS. Bought NLY and AGNC low and sold with a good profit plus divs!
      10/15/12