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Re: dred scott post# 155996

Sunday, 02/28/2010 10:40:45 PM

Sunday, February 28, 2010 10:40:45 PM

Post# of 734908
I can only imagine how volatile WAMUQ will be once/if SJ is ruled on favorably on 03/04! The volume should be, well, voluminous and the pps should flourish – initially! Day Traders (who do not give a whit about settlement) and regular Joe’s (who do not even know or care to know the WaMu story) will be on this like stink on a monkey!

I will not even hazard to guess where the pps will spike to but rest assured, it will spike, and then we will see a chart of peaks and valleys for a day or two! Some folk will be trying to assess what they really own and some longs – yes, even longs - will be taking some nice profits with portions of their holdings!

When the dust settles, we will obviously be sitting on much higher support and resistance levels!

All IMHO and just playing out a favorable SJ ruling scenario! Will JMW cooperate on 03/04? I say a 27/73 % probability with 27% being YES!

Common Mary! Prove me wrong! … rs

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