Tuesday, July 15, 2008

Emergency Order by FED


Emergency order by FED to stop naked short selling on FRE and FNM. Essentially, the FED is buying both these companies and they are trying to prevent any further damage to these stocks from illegal short sells.
I think we are at a market bottom here. The FED once again is coming in and saving the day.

3 comments:

Anonymous said...

wrong buddy, they are trying to stop illegal naked short selling ... there is a big difference, I like to think of my profession a little higher as just gambling

HPT on 12:37 PM said...

I edited it, happy.

Anonymous said...

happy ? no not realy but that is not your fault but thanks for asking.
The speculator

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