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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (8280)	3/6/2008 7:47:10 PM
From: wildandwonderful	Respond to of 50418

April 30 still has 45 days left for expiration.In these volatile times that is infinity. Markets always offer us second chances. I am just sitting tight. We will see. I am not worried YET.

To: SliderOnTheBlack who wrote (8280)	3/7/2008 7:40:47 PM
From: jim_p	Read Replies (1) \| Respond to of 50418

Picked up some UYG today for a trade at 27.50. After being down six days in a row and closing up today on all time record volume when the Dow was down 146 it looked pretty good for a trade. We shall see!! Jim

To: SliderOnTheBlack who wrote (8280)	3/8/2008 5:15:05 PM
From: wildandwonderful	Read Replies (1) \| Respond to of 50418

Fall of Carlye Fund is due to it's heavy bet on FNM. Carlye is populated by Secretary of State James Baker and Louis Gerstner and who's who in the political circles. <<The fund raised around $320 million in a July initial public offering and had total equity of $670 million at the end of December. It has leveraged that equity by using short-term loans, or repurchase agreements, to finance a $21.7 billion portfolio of residential-mortgage-backed securities issued by Fannie Mae (FNM:Fannie Mae>> Atleast in FNM trade we are on the side of the big boys.we have to wonder whether they are pushing for a prop job on FNM.Let us wait for the rest of the story.