All very true, but I trade AGNC not FOMC, and selling my Roy today at $5.6 for a 1.3x bagger over a one week holding period made me smile. It was nice to start the first closed trade of the year with a realized gain. A nice confidence booster, and I'll be back later.
On a news basis, with Geithner leaving gives the GOPuxxies another leverage point on Mr. Stalin, (oops I meant Mr. Obama) in the debt ceiling negotiations. They can threaten not to confirm his next Treasury Secretary appointee to gain concessions. I am really looking forward to a volatile Spring 2013, AGNC price volatility spells massive trading gains for me.