Replies to post #259 on Countrywide Financial Corp. (CFC)

[kewlassht]

So u dont think that imminent freeze for subprime mortgage mess and very possible rate cut on DEC 11th will make this a great short term trade or at least a good scalper?

"The Treasury Department is "aggressively pursuing a comprehensive plan" to aid as many homeowners as possible, Treasury Secretary Henry Paulson said Monday, offering fresh details about a nearly complete government and private-sector effort to stem a huge number of foreclosures next year."