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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: lexi2004 who wrote (59319)	8/13/2008 8:02:27 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 59879

BQI a cup and handle? Looking at the chart that handle should have stopped at $4.50/share and rebounded from there. That said, it appears to have room to move to that $4.50 to 5.00/share level. I was interested in what you all thought about RDN. It hit a new 2 month high today and looks like it wants to close the gap to $5/share: bigcharts.marketwatch.com bigcharts.marketwatch.com Been looking at the various Mortgage Insurers lately, with the logic that before the mortgage mess can be resolved, the MIs have to have their AAA ratings restored so they can insure new mortgages. RDN is probably one of the strongest of them all, given the reserves they just set aside for potential defaults and the fact that they have the least exposure to sub-prime and Alt-A mortgages. What say y'all? Hawk