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Friday 11/21... Rally On
by Victor Burek
Posted Nov 21 2008, 02:00 PM
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5.5's are catching a rally, currently at 100-14+, 6 ticks up on the day and above the highs of the day. 

Reprices for better are a near certainty from all lenders.

Float club lives on!!

 
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Jill Statz  |  Contact or Connect with this Member
on Fri, Nov 21 2008 10:37 PM

was a little depressing again for a Friday earlier on in the day...late day rally was great and being able to hold the gains was the best

ANDREW GOLD  |  Contact or Connect with this Member
on Sat, Nov 22 2008 6:01 PM

What can we expect next week in the rmbs's.  I couldn't believe that rates didn't drop last week with the 10yr. treasury around 3% yield!  I could have locked in a 30 yr. fixed on tues. under 6%(no points)  Now, they jumped up slightly above 6.  HELP!

Victor Burek  |  Contact or Connect with this Member
on Sun, Nov 23 2008 10:47 AM

Andrew, that is why it is so important to keep your eye on the right ball, mbs not treasuries.  

ANDREW GOLD  |  Contact or Connect with this Member
on Sun, Nov 23 2008 4:38 PM

Victor, what is your prediction and did I miss the boat last week?

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