PLEASE tell me how existing home sales help the mis, you do realize what the mis do, don't you, they insure mortgages against defaults, so the two single most important issues for mis are house prices and unemployment, and house prices are declining again as per the index the Fed uses, and unemployment is over 10% and expected to rise, new unemployment claims have risen in recent weeks, so how is the level of activity in existing homes helpful to the mis, as i said, a huge spike in existing home sales could be a death knell for the mis if it meant losses were being liquidated, one of the things that has helped the mis is the delay in recognizing losses, meaning they got to keep their investment portfolios and earn interest on them for a bit longer, so in that way they would be helped by a slowdown in existing home sales if it meant losses were delayed, but whatever, please keep buying at these levels, if this ever gets up to $4 again it will give me a good chance to short again.