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jdaasoc

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jdaasoc

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Re: ajtj99 post# 111083

Tuesday, 11/20/2007 1:30:56 PM

Tuesday, November 20, 2007 1:30:56 PM

Post# of 148479
Profit taking on anything that went up this morning is dooming any support for 1425.

It is only a question when we crack 1400 and what FED does afterwards.

What is happening to FRE and FNM makes me think they will act very soon.

Their capital requirements are busted so FED or Congress will need to issue a fiat to save them now.
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