here are 3 bonafide charts from Stockcharts.com,, no sales, no gimmicks, i'm not a spammer, chart 1 will illustrate a HUGE down spike, and average volume, i'm a buyer here.
charts 2 & 3 are a picture of the price action of recent in the ETF, that is actually "short" the 20 year treasury, if one is short treasuries, one generally believes that rates are going up, which the bond believes, rates are NOT going up, have a look see.
clearly, down on larger than average volume for the SHORT Bond funds,, good luck to all longs here
ok dik less.... here's what "I" can spell
F.U.C.K.Y.O.U ,, cheerios boxes not withstanding,, care to make anymore comparisons ?? and degreed, or not..... trying to make any sense of the boards with your kind on them, is doing no good at all,, oh ya,, lose a little weight there zippy !! ,, bwaahahahahahahahaha
interesting post.. the fallacy with your logic is that you are assuming that if interest rates remain low CIM is going to go up in price, which is absolute non-sense.
Interest rates have remained low for a few years and CIM has gone down and down in price.
CIM's stock price has very little to do with interest rates.. it has to do with the paper CIM owns and the losses CIM has incurred due to mortgage defaults. The housing market is not going to recover any time soon.. could be 5, 10 years..
CIM is not going to rally anytime soon.
and as long as "rates" are no longer the issue,, how about RENTS,, as "they" are going up, due to many "folks" just flat not wanting to commit to home ownership now,, RENTS are going up,, on "my" rental anyway..... "so,, how many shots did i fire "punk" ,, 5...... or 6 ?? do ya feel lucky punk ??? WELL DO YA ???" ,, bwaaahahahahah ,, i love dirty harry,, he;s SO dirty and this im-poster is SO irrelevant bwaahahahahahahahaahah
not much of a fallacy, to your phallic logic,, the argument was made due to "your" interest rate logic from last week,, although it "is" fun to go back and re-post from an older thread in order to continue to bolster your phallicy... no ?? ,, so next week,, you'll no doubt indicate that CIM has nothing to do with "actual" housing numbers, but rather some other "pop" media point that you'll parrot while pounding pud at the TV,,, and IF housing won't recover for 5-10 years,, and considering the levels in housing that we are at now,, then that would make CIM a "buy" in this time frame using "your" logic,, looks like a value play for a longer term hold, on inflation alone ?? ,, now what ya gonna say,, smarty pants ?? ,, neener neener playin' wit yer wiener