pahwah

What Should Ambac's Connie Lee Be Rated?

The bailout of FNM and FRE provides the level of comfort that Mr. Market has been looking for. If you have been in cash or short, you need to cover and get long. This market has been looking for an excuse to rally and I believe we've found it. Technically, ABK appears ready to bust through the 200 DMA and then we will move $20 faster than people will believe. Let's see if I'm right.