Monoline Mania: MBIA and Ambac Included in the Dash to Trash [View article]
Hope you sold the open, Tom (though by option exp I think we'll be higher). I think we are (next) going to work down for a retest of some moving averages and then get one last big rally starting September option expirations week, pretty much just like in 1938. That should pretty much be "it" for the major upside for the next few years.
Monoline Mania: MBIA and Ambac Included in the Dash to Trash [View article]