Of course we still have all the liars and cheaters posting the normal doom and gloom stuff on this board but LOOK at that price action! It certainly feels like something has changed and ARR is now catching a bid. I sense a big move is IMMINENT and shorts would be advised to cover before it costs them a LOT more. LOL.
I think it's important to keep this near the top. I encourage anyone considering going long to look past all the negativity posted on this MB and look at the CHART. Add in the Bollinger Bands and look at narrowing of the bands! We are closing above the upper band and with QE still on the table interest rates are not going to rise suddenly. There's been some recent highs over the past few months around the 4.34 level...if we break through that resistance line the shorts are going to be in serious trouble. While you are long you are getting a good divi of around 14%..
With Yellen hanging around, they expect QE to be around for a while, keeping interest rates more steady than if they do away with QE, meaning the volitility in rates are not expected as much anymore - thus ARR can stabilize.