Replies to post #71209 on Zeev's Turnips Patch-No Politics (ZEEV)

[Bearmove]

>>>Thanks Bearmove. Long LU as well. May build more of a position.
RMBS opening a bit higher this morning. What do you think we do today? I remember you shorted but then changed your mind. I'm short a bit and thinking of covering here in pre-market. Would you wait until the open or just close shop here?<<<

Seems to me that many traders may want to take profits and move to the sidelines going into Wed's Iraq presentation. I'm thinking that Tue may be a better day to short. I'm personally going to stay away at this point. I don't like the risk here now.

[Sandy Mack]

Covered a couple of RMBS portions, @ 16.03 (-.57) and 16.05 (+.18). Looks mighty good for the longs this morning.

Sandy