Thursday 10/16 ... FYI Quiet and Steady

By: Matthew Graham

Not even a 3 tick wide trading range since the previous post.

Don't let the lack of verbosity cause you concern.

Currently holding at 100-17+

The economy is utterly destroyed. Optimism from TARP is slowly but surely trickling in as MBS curve has been much much steadier than tsy curve.

Stocks are choppy too. Stay tuned in case something happens, but so far, looks pretty boring...