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feralcomprehension

03/28/14 4:58 PM

#198975 RE: lumpina #198961

Buy short-term calls on the mortgage insurance companies?
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Bouray00

03/28/14 5:45 PM

#198996 RE: lumpina #198961

It would fit the "Buy the rumor, sell the news" way of thinking.
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Jayman1980

03/28/14 6:15 PM

#199002 RE: lumpina #198961

Delusional, no. A bit Psychotic, maybe. LOL. Just kidding. I am a big fan of not getting married, especially to a stock. However, with Fannie, I have faith that the hedges lawyers are gonna eat the FHFA and the Treasury for breakfast and feel that no matter where FNMA is, eventually FNMA will be much much higher. This volatility here is great for trading. Emotions like the worry you are portraying in the market are like the tell tales a wolf may pick up on when you cross his path in the woods and it will get you hurt. Similarly, the wolves (some of the good traders here) in the market are the same way and that is why they win. Emotions can be seen and tracked when looking at charts. Best to stick to your convictions, roll with the punches, and adapt to the marketplace. I hate this cliche, but it has to be said: Buy fear, sell euphoria. Good luck and quit worrying, they cannot just wipe us out.