ben is still on a mission..heard from a banker last nite that if a bank makes a loan with fannie mae backing and it defaults, the bank gets a 300% penalty ,so a 300k loan default, the bank pays fannie 900k
got within 4 cents,bounce 1st?,the trans chart ,that's a wide nip,good for support,dvol over uvol was only 2/1, a little less now...... for this last month or 6 weeks,selloffs have met buyers just above supports,avoiding hitting stops
one of these trading websites had a free trading shrink webinar last week and she said 11% futures traders and 38% stock traders are still here after the 1st year