Friday 9/5 ... Still Holding

By: Matthew Graham • Fri, Sep 5 2008, 9:56 AM

Despite Stocks improving after the open, MBS are still holding a decent amount of their gains. The 5.5 is currently up 3 ticks at 99-25.

Based on several technical indicators, we determined our "danger zone" for today to be at 99-20+ on the 5.5.

If we hit that, we'll let you know immediately.