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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (37259)7/16/2008 5:16:12 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 220410
 
C2 wanted to take a swing on FNM - 25% in one day not shabby could use the few thousands I would made :(

As to the rally for sure it was a short covering and I bet you that PPT was involved in this getting started - the bearishness was overwhelming

As to fundamentals they are stabilizing if you follow the fine print, including today reports. The weak USD is working it's miracle and exports are improving as are raw material exports

This with the anticipated slow withdrawal of personnel (at least that is what they say)from Iraq will boost the USD