FRE, FNM, S&P, look like a Christmas stocking

Posted on Dec 28, 2009 by WHC Bassetti in Letters

If these are worthless as that undistinguished New York boutique said, why do people keep buying them?  And besides that they are exhibiting buy signals today.  As an interesting conjecture, could that be a flag?  We're going to buy some more on the off chance that it is a flag.

And......

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