Four Reasons We're Headed Even Higher [View article]
You can talk all you want about the future of the economy. Fact is, trading is done in the present. If you've been in FNM and C the past month or two, you are doing very well. The market isn't about logic. It's not about facts. It's about emotions and, as the author noted, confidence. Only two emotions really matter: Fear and greed. Right now, greed has the reins. Nobody knows how long this will last but you'll never lose if you keep in sync with the market's emotional trend.
10 Notes on the Current Market Fracas [View article]
I bot BAC at $27 and it closed today at $32.35. I also hold FNM at $13.80 and I expect it to move into the black soon. Buy when others are selling and sell when they're buying. It still works.
Four Reasons We're Headed Even Higher [View article]
Fannie Mae's Results: Dismal [View article]
Revised Upside Targets for Fannie and Lehman [View article]
10 Notes on the Current Market Fracas [View article]
Fannie and Freddie: Massive Dilution On the Horizon [View article]