If I had enough $$$ I would be LOADING UP,
but I don't. I am not a huge fan of the conversion verbage, but I do realize there is no way WASHINGTON MUTUAL is going to kick the guys that helped them raise $3 BILLION less than a year ago in the nuts.
WAMKQ AND WAMUQ are my plays for GOOD or for BAD.
Hey HROLLER, the more I thought about what you said last week, the more I realized that the MMs do work their @$$e$ off, and even thought they do "control" the price, that is actually a good thing for EVERYBODY. I personally do not think it is a bad thing for MMs to make their $$ off the top of any and EVERY transaction. That is why I have no problem bidding .01 over the ask for WAMKQ and .002 over the ask for WAMUQ. I figure it gives them a little extra and it lets them know that I have no problem paying that much(even though my purchases are very insignificant) and I also benefit by getting what I WANT right away.
I enjoy reading your posts, that are visible, and I do envy your experience when it comes to REAL TRADING, as with regard to that, I am indeed a ROOKIE and very much CLUELESS.
Best of Luck and be THANKFUL you are SMART enough to be on the GOOD SIDE of this MESS.
BAD GUYS = PAULSON, FDIC, AND JPM
||PEACE||>