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Western Asset Mortgage Capital Corporation Message Board

  • jimriesenberg@comcast.net jimriesenberg May 17, 2013 12:24 PM Flag

    Technical breakdown with a lull

    So, we have a neckline break on 5/15/13 with the potential downside target of $18.50+-. Yesterday an inside candle leading us to todays up day and what looks like a doji. Resistance at $20.80 and support at $19.56.
    I concur with Lenloc and Ray that the .95 cents is maintained. Anyone on where we go in PPS?????

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    • Hey DDJim –

      Hello in Naples, my friend. I hope all is well and the fish are biting.
      I’ll be leaving Cabo soon, returning to the slightly cooler but sunny climate of St. Maarten.

      Good thing we don’t live in Oklahoma, huh……………… I really feel for those folks!

      You have always been the best “technocrat” on the Yahoo message boards that I have seen.
      So - IF there’s a pull back into the mid $18s’ as you have suggested as a possibility, I will be a huge buyer.

      Also, for any of you growth oriented investors.
      Early this month, Bloomberg featured John Chambers announcing his support to the challenge of re-training the 1 million returning Veterans.

      So besides Cisco’s Network Academy, be sure to check out ESI (big bounces in PPS and volume of late), CompTIA’s training and certification program for Veterans, and other technical training programs that are specifically targeted to Veterans in an attempt to fill the current shortage of resources in the Silicon Valley area.

      At the same time, and in a parallel effort to address the same shortage, Mark Zuckerberg, together with Bill Gates and a lot of other High Tech “giants” have launched a program called FWD.us.

      All The Best,
      Salty

    • The chart looks like a sit spin into a double Salchow. Lets check with the Russian judge.

    • agree with u jim except for ur candles necklines and dojis (whatever they may be). More impressed by what management said about lack of new supply of mortgages and large international demand for same. just be patient and enjoy ur divs.

      Sentiment: Hold

    • AROUND 21.50

      Sentiment: Strong Buy

 
WMC
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