just 4 you " PHILLY BABY"..landscape not looking goode. long bonds down 6% in 2 days. Short interest UP..20%
market very toppy. AND THE OPTIONS TRADERS....IT'S ALL THEIR FAULT!!!!! ALL THOSE TRADES...AND FORMULAS....AND STRATEGY ....AAAGGGGHHHHH it's just almost enough to boggle the mind. WELL NOT QUITE. but the market will correct before your next div. run. and the shorts have the longest window now.
Most importantly....the market itself. Housing is a bogus number to be re-vised. and when all the revisions are done. Coupled with all my CASH sitting in a Cyprus acct. FROZEN....you'd be shocked...many rich Greeks bank there...like Monocco....anyway. a correction is coming. calls and longs...watch out below.....
Congress is eating your lunch. And benji will buy 85 billion in MBS. Thats agnc and nly TIMES...3.25..HE HE
SO COMPETITION....EASING...NO LONG END EXPANSION....WHICH I HAD HOPED TO CONTINUE. NOT GONNA HAPPEN. MODEL IS SHRINKING. TOO MANY RE-FI'S AND GOING LOWER ON FUNDAMENTALS.
CAIO' PHILLY BABY!!!!!