Swapped webinars with Nate so I am going tomorrow night at 8pm eastern.

Boy Friday…I don’t really know what to say..should have easily been my biggest day ever but being early on FNMA in the .80s really screwed it up. Covering into literally the high of the day on FNMA and FMCC I instantly froze once I saw the damage. Knowing it was the dead top I just couldn’t react and re-hammer back in..However did end up getting quite a bit back into the late day fade and with the CBIS and MCOA scoops ended green on the day.

Should be a FUN week this week so let’s take a look

FNMA – Seems like it wasn’t the end on this massive move, looking to likely cover what I have overnight and then get long on a decent break. Still think it may need a few days to consolidate if higher. If .85s peak out tomorrow I will look to get short again

FMCC – Exact same idea as above, just different price ranges.

CBIS – Looking to sell everything I have left on any decent gap up. If .05 breaks and holds may re-add back based on the late day action.

MCOA – Same here, selling all into any gap up, might have .075 max on the move if it can get it. Amazing scoops on this and CBIS by the way guys…That is why we scan and have a plan.

WLTGQ – Only interested again if .25 can breakout but can be very thin.

JAMN – Mentioned this friday..and oldie that after its big move in OCT ppl might be looking to get in some other old names so just an eye.

BCCI – Adding because if JAMN goes and this breaks .02 on volume will likely follow suit.