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Re: scanc2211 post# 150558

Friday, 11/15/2013 9:09:19 AM

Friday, November 15, 2013 9:09:19 AM

Post# of 800760
I have made nice money on every FNMA run this year. Yesterday, I said we would hit $3.4 by 10:30 (based on the analysis I use). Now that we are at $3.35 PM, happily, I have to upward adjust my estimate. This run is now acting parallel to the May run. We are going to gap up 10%, and run as high as 30% today IMO. I have $80K in at open - I am going to buy all the way up (to $160K anyway), and then take profits if we hit $3.79; this should be a very profitable day (or I will stop out even - I don't care either way).

Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. I have seen all the things that are done under the sun; all of them are meaningless, a chasing after the wind. Only trade for the sake of trading.