Technical Analysis of Stock Trends

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

Posted on Dec 28, 2009 by WHC Bassetti.

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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FNM — the game continues

Posted on Oct 21, 2009 by WHC Bassetti.

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 because generally we’re not much interested in this kind of trading.

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Houston we have a problem…

Posted on Oct 19, 2009 by WHC Bassetti.

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 about 17% on a gap with a report saying the shares were worthless.  We have sent an email to enforcement@sec.gov  (and you should too) asking them to investigate to see if KBW have a conflict of interest, or if they informed their bosom clients they were going to ambush these issues.

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