Mr Cooper Group Inc (COOP)

[VistaViewer]

I would think a "rally" would be at least a nickle or more.

Not this fractions of a penny moves we are seeing. The pattern is clearly sideways oscillating between well established support and resistance. I don't see any sign of a rally in this short term.

As far as the overall market is concerned, it looks like it is starting to roll over. Stocks have made a good gain over multi-weeks, and now are overbought. Oil and gold going up as the dollar falls. The economy is still in big trouble.

For WAMUQ, I think we're setting up for an excellent buying opportunity in this stock, over the next two weeks. Then mild recovery near month end as the speculation builds back in again.

Chart shows CMF and MACD indicating heavy distribution for the last month. Probably from shares bought around .05 which would be a 100% profit for the flippers.

http://stockcharts.com/h-sc/ui?s=WAMUQ&p=D&yr=0&mn=3&dy=0&id=p15339915316

Call them the way you see them: You're predicting a rally, but I'm going to keep my powder dry for a while longer, until I see more confirmation.

VV