FNM — the game continues

• Post author:WHC Bassetti
• Post published:October 21, 2009
• Post category:Letters
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This trade was not as skillfully managed as might have been.  The general explanation is that our panic sell off model is not as well articulated as our other systems…

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Houston we have a problem…

• Post author:WHC Bassetti
• Post published:October 19, 2009
• Post category:Letters
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Who is Keefe Bruyette and Woods, and does anyone care? (Which way were they in the great bear market?)  Well obviously someone cares because they sent FNM and FRE down…

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Tipping point? Or tripping point?

• Post author:WHC Bassetti
• Post published:October 18, 2009
• Post category:Letters
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At this moment we don Át this moment we don´t know whether we are at the tipping point, or at the tripping point.  The Dow and the S&P tiptoed across…

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Gusher! Oil, Oil in….

• Post author:WHC Bassetti
• Post published:October 16, 2009
• Post category:Letters
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OIL.  As many readers have pointed out OIL has broken out of a triangle and we have a clear buy signal.  But frankly we think the oil rush is over.…

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Buy! Buy! Buy! Well, enough of hype, but in fact there is a Dow buy signal today

• Post author:WHC Bassetti
• Post published:October 14, 2009
• Post category:Letters
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In two minutes traders drove the Dow 80 points through the previous high and  then above 10,000 (after this chart).  These are two very important points.  As we all know…

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