Thursday, February 10, 2011 11:48:08 PM
My best guess is we will float up and down over the next few weeks before settling back into the .30s.
However I am hoping there is some news that is perceived as bad that will send Fannie spinning out of control into the low teens at which time I will load up and ride it back to the .30s.
I'll be honest I got out today. I couldn't sleep last night so I knew it was time.
If there is great news tomorrow (such as the government converting to commons) and it flies to the moon I won't sleep tomorrow.
Oh well this is the game we have chosen to play.
Good luck tomorrow to all you hardcore longs out there and try to get some sleep tonight.
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