Wall Street Manna

An irreverent look at Wall Street

Thursday, August 30, 2007

Fast Freddie

Army snipers will know what this means, but Freddie Mac (FRE 60.11) is down pi or 3.14 today because of losses on new mortgages. Take this stock in your sites now; when the Fed cuts, the sellers today will be buyers.
Posted by Palmoni at 11:00 AM
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      • The Market's ether!
      • Lone Star offers 8.50 for LEND!
      • Did Bush and Ben coordinate their speeches?
      • Let there be Light!
      • Fast Freddie
      • Lehman cuts Investment banks estimates
      • Bear Market? Dump your wife-NY Mag
      • Bernanke's speech one year ago
      • Screaming Eagle anecdote
      • Another bottom?
      • Where's the market heading now?
      • Time to bring out the first team
      • Is State Street Straight?
      • Bernanke the "academic" and Tobin Q
      • The Fed's minutes
      • An inter-meeting Fed cut?
      • The Fed fiddles while housing burns
      • Mortgage resets
      • iphone hack here!
      • Pimco's Bill Gross new Investment Outlook
      • Bail out for the refiners?
      • Where are the Countrywide Shorts?
      • Why Wall Street wants you to Panic
      • Buffett smacks his lips
      • Bernanke Beats the Bears
      • Fed cuts discount rate .50 basis points
      • Countrywide draws down $11.5 billion credit line
      • Is Poole Magoo??
      • Financials ring investor's bells
      • Bells ringing again on the retest of lows
      • Top ten reasons you know things are "Contained"
      • Ben's Blunder Blossoms Act II
      • Goldman's GEO Quant Fund
      • Bernanke's Bet/Blunder
      • Hells Bells
      • Citigroup's Chuck Prince gets hustled.
      • Devotions Upon Emergent Occasions
      • Mark to market, mark to model
      • ECB's injecting money for 3 days.
      • Black Swans, Black Boxes and Six Sigma
      • ECB injects 95 billion euros into the money market..
      • Great Scott!
      • LEND update.
      • 756 for Barry!
      • Nymex sale??
      • Steal this stock
      • Home Depot tender
      • Wynn in Macau!
      • WCI update..
      • Invictus
      • Value added research???
      • Where there's smoke there's fire..
      • Where's Carl? Where's Stuart?
      • Can you Lend me $15.10?
      • Where are the sub-prime bodies?

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