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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (5675)	4/9/2008 3:15:02 PM
From: Patrick Slevin	Respond to of 20435

Well, even daytrading could be better. I'd rather trade a hundred shares of AAPL back & forth than 5,000 shares of TMA. Some of my trader friends in New York would call TMA a "Perpetual" call option. I don't know about that. I think the company will survive but it could trade down here for years, I'd rather buy a breakout of some kind. As I think I mentioned, the other thing is it's no BSC. It's a company with reasonably good mortgage loans on the books but no one wants mortgage loans at the moment (even good ones). Well, I guess Bernanke could use some good ones. youtube.com