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American Capital Agency Corp. Message Board

  • chase_my_momentum chase_my_momentum May 24, 2013 10:09 AM Flag

    AGNC LEADS THE MARKET CORRECTION DUE TO FROTH IN THE SP. WILL BE A LONG SUMMER, GLTY BUSHWACKER

    But be patient and when the dust settles as in up vol. that is equal or better than this downtrend. you can re-deploy your bail out assets. cuz bushwacker at least you knew to let go of a stock you love. that takes brains and courage. this bull mkt. Is waaaaay overdue to correct. Glty.

    Sentiment: Strong Sell

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    • Hated to do it bro.....but business is business. Since I sold at 30.28 I've just been sitting here high and dry.

      • 1 Reply to bush.wacker
      • Yaeh baby, but you are in capital preservation mode. it takes discipline and patience. something gamblers lack. just hang out enjoy the correction and keep your eyes on the volumes and action. don't bite at the coming headfake. they will attempt to lure suckers. but after the div. Declare, not like philly said, but each q. watch and if it's cut....watch out below. it's a hard call, but unless bennie stops. which he won't these need to be re-priced. at 12 pe for agnc. that's much higher than pe 4 for mtge.
        anyway, not all mreits at same point in correction. some lead the way. so, watch whole sector and stay cool bro....let it come to you. then don't all in. baby steps. this has been a dog and is on fire....let her cool a bit, and get a better in. Peace love and groovy.....he he....the flame.

        Sentiment: Strong Sell

 
AGNC
21.88-0.23(-1.04%)Apr 17 4:00 PMEDT

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