Mile, Gary,
I don't have enough to worry about right now, I'm content to make a small base at 66(OUCH!), if it goes lower from here to say 50, God forbid, I'm buying more. I might very well trade in and out(traders never die they just fade away!), but I'm hanging in for next year. I traded RMBS really well for the last few months (until today), but ultimately I want to own for the future, and today cemented that future. Today's news was a true breakthrough for RMBS and the extent to which INTC will go to push this standard clearly shows no bounds. I for one will not be left behind, even though I fu*&^#& up todays trade! Mile, you're right, we probably go lower from here, but as you know ultimately we go higher unless the world comes to an end or some rocket scientist comes up with a better solution, but all those clowns are working for hedge funds that are blowing up!
Good Luck
John |