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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (21663)7/15/1998 6:47:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Bonnie, you got me beat, is that 1 trillion the increase in market
cap, or actual money in flow ?
BTW would you please look at
CMO, I'v ducked out of her twice now trying to catch a bottom,
last time she was at 8 and I saw her falling more.
She hit 6-3/4 once today but I missed buying, and I'm not
real sure I want to.
BUT
biz.yahoo.com
tath don't look to bad, and maybe she being
over sold or even shorted.
She got rid of her Interest Only slips, but won't
likely improve any earnings if the long / short spread
stays as narrow as it is. But even if they cut dividends
to 20 cents which I think would be the extreme..
that would still make her paying 11% @$7
Had I seen the 6-3/4 today I think I would have
bought. Seems every time I do she goes on down,
this has been a tough one for me.

Jim

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