| Yep, I dont listen to people that post hindsight trades......surely, when RMBS pops up, many longs will also pop up and say they bought this dip, or the next dip, or the next......and we will all be losers again for not buying.....I know many said they were buying in the mid $30's and told us we were idiots for not buying then....They are obviously underwater, but what I dont understand is if they were all clamouring about buying and telling everybody to buy in the mid $30's, why arent they here now telling us they are buying and we are losers if we dont buy.....I am sure these last few posts will provoke a few longs to post saying they are buying...whether they really are or not, is a different story......But, I will say this..I dont know when and where RMBS bottoms and that is one reason I wont go long right now...but if/when she gets those legal victories, I do expect her to pop very nicely to the upside....the question is will it be popping up big from the $5 level or the $25 level.....and again, when the pop happens, doesnt matter when, all the longs will crow about how they loaded the boat at or near the bottom...and I hope they do, simply to cover their losses from buying in the $30's...or the $100's awhile ago... <g>...Well, back to work I must go.....thankfully I am very busy right now and dont have much time for the markets....... |
