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Re: trunkmonk post# 38795

Tuesday, 10/21/2014 9:17:31 AM

Tuesday, October 21, 2014 9:17:31 AM

Post# of 45641
Agreed - it is one of the reasons I always keep FMCC and FNMA on my streamer (i.e., for these quick arbitrage flips). Even if it is only .04 or .03, it is a good deal as it is super low risk. Besides, .03 of $150K is still a nice easy $1,500.

I have tried the same with FNMAS and FMCKJ but it does not work as well - those two can maintain an odd spread longer and before it closes, the market can move them up or down therefore taking away the easy win opportunity.

Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. I have seen all the things that are done under the sun; all of them are meaningless, a chasing after the wind. Only trade for the sake of trading.