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CFC..what next?


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#1 hiker

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Posted 23 August 2007 - 02:10 PM

so much talk last night about CFC here... it took all day today to erase last night's quick run up. XLF is now below yest close of 34.37 SPY is now belwo yest close of 146.65, which level was sold on the late day rally something like sell the news ring true here?

Edited by hiker, 23 August 2007 - 02:16 PM.


#2 mike123

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Posted 23 August 2007 - 03:31 PM

so much talk last night about CFC here...

it took all day today to erase last night's quick run up.

XLF is now below yest close of 34.37

SPY is now belwo yest close of 146.65, which level was sold on the late day rally

something like sell the news ring true here?


BAD fundamentals on CFC. Should grind lower.

#3 thespookyone

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Posted 23 August 2007 - 05:28 PM

Well, ya gotta love their CEO talking about the housing situation possibly sending the country into recession-when they are in the mortgage business.

#4 hiker

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Posted 23 August 2007 - 05:35 PM

about half of a 116k share size order has just been filled in after hours at 21.75..someone likes it here as a buy or cover regular session low was 21.82

Edited by hiker, 23 August 2007 - 05:37 PM.