>>Shorts formed when interest rates turned up. Then, they turned down again.<<
Now they are trending up again as they should with a weaker dollar and possible economic recovery in the works. I just don't see how CFC could make 4.92 pershare for the first half of the year and now expect to make another $10 a share or more for the second half with refis down over 50%. That's a big jump in my opinion. I don't know how they will do it but it has me rethinking my thoughts on the whole industry.