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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (9197)	3/27/2008 8:51:13 PM
From: Stoctrash	Respond to of 33421

<<And where this REALLY applies to the thread topic, it appears that 72% of EFTC's assets are Mortgage Backed Securities:>> Do your really have to ask any more....? It's a spec at this point...crap shoot...dice...Vegas style!

To: Hawkmoon who wrote (9197)	3/28/2008 4:05:38 PM
From: nspolar	Respond to of 33421

Wouldn't touch it here. Hard to convince me any long is worth holding here over the ST. W/r to financials they have not yet hit bottom. If/when SKF hits close to the 200 mark, get primed to rip (not rest in peace). #msg-24408857 It seems to be in progress (SKF parabolicity). The approximate time frame shown on the chart for the top is still in play as well. Personally I think the downhill run w/r to the mainstream has just entered meat grinder stage. Financials closer to the final knife stick and twist stage.