Monday, April 14, 2008

Mortgage Finance Index Update



At the beginning of last week I posted some bearish comments as to why I was bearish on the Mortgage Finance Stocks... Since then the index (MFI) has sold off and is now approaching the year low. The three stocks I was bearish on were CFC, FNM and FRE. I think we'll still continued weakness in this group. You can read my original post from last week by clicking here.

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