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KingofPennies

12/09/08 8:06 AM

#13411 RE: arni #13409

A couple of months from now, those that are selling out for a couple of pennies will be kicking themselves. The market is 6 months looking forward so that represents what the economy will look like in June. That'll be about the time the housing market should be starting to trend upward. Those willing to FRE hold long will be well rewarded more so than anyone playing this as a swing trade now for a nickle here and there. A gain from .84 to $10 is far better than 25 swing trades for a nickle or dime each time.