I hope they do. Because TA only accounts for past trading trends. This stock broke out on news and fundamentals. This stock is poised to break out upward again on more of the same. With every week of a strengthening housing market that passes and more and more people realizing that there was no single scapegoat that was responsible for the failures of the MBSs there is less and less chance of the c ship remaining in tact or any follow through of propositions made based on false notions of blame. This is not a game of either everything gets dismantled vs. everything goes back to the way it was like many on the short side would like to state in ignorant and self serving fashion. What is almost 100% guaranteed to happen is a new hybrid will emerge yet restore the company in its new form to shareholders. Wtf is with all the death or glory bs? Since when does anything in Washington go that way? The whole thing is a big game of compromise that keeps reps and dems with a job. The only thing they go death or glory on is allowing a 3rd party to gain membership to their private club.
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