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<p>[QUOTE="desertgem, post: 2768909, member: 15199"]I think the gain was from the Fed saying they are raising the rate AND starting to unwind the 4.5 T$ balance sheet. I don't think it will stay, as conversely, Congress also is damping the Dodd-Frank Wall Street Reform and Consumer Protection Act, which really helps the BofA , WF, MS, etc. and the billionaire investors. One bank is starting up 1% down payments with multiple source of income for home loans, so go around-go around, IMO short term plays buy/sell to $25-28 and then sell all and buy repossessed houses. Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2768909, member: 15199"]I think the gain was from the Fed saying they are raising the rate AND starting to unwind the 4.5 T$ balance sheet. I don't think it will stay, as conversely, Congress also is damping the Dodd-Frank Wall Street Reform and Consumer Protection Act, which really helps the BofA , WF, MS, etc. and the billionaire investors. One bank is starting up 1% down payments with multiple source of income for home loans, so go around-go around, IMO short term plays buy/sell to $25-28 and then sell all and buy repossessed houses. Jim[/QUOTE]
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