Stopped out of TRID
We are out of TRID for th emoment. I will get back in under $14
posted by Andrew at
8:07 AM
Tuesday, September 11, 2007
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7 Comments:
I cut my loss in trid and got out too. Looks good for long term but the price action is horrible.
TRID is showing inexplicable weakness. We gotta time it about right to recover our huge losses and make money on this sure-shot stock bound to rise over the next couple of quarters atleast!
Hi Andrew,
What's up with TRID? It just keeps hitting new lows. Today, it is trading in mid-13's. I searched for any report or news that would help me understand the consistent drop in price per share.
The only reason, in my opinion, could be the fear of recession and decreased spending in coming months by US consumers.
What is your opinion?
Stopped out of MDR too.
Can you please share you comments on this interview.
http://biz.yahoo.com/ap/070913/greenspan_mortgages.html?.v=18
"Greenspan Acknowledges He Didn't Initially Grasp Risks of 'Subprime' Mortgages "
TRID - we'll get back to that. We can make money here, but right now the activity is very negative
MDR - MDR split, and the STOP price needs to be adjusted
Greenspan and the subprime mess - he is either incredibly dumb (my view) or he's lying. It is possible that living in Washington DC or New York made these guys unaware of the pending fiasco. But if the average person could see the problem, it begs the question what quality reporting the Fed uses.
If we're talking about recession and the Fed has poor data - oops.
I'm aware that MDR got split 2:1. I meant MDR hit the Limit Sell price of 100 earlier.
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