good report Arthur. Thanks. Morgan is a master confuser. He's propped the price of wmc for over 6 months with all this talk of de-mergers and Alcoa interest. However the technicals don't look that good for going long. My reading of the WMC weekly chart is that it's just broken thru support @ 9.20 and if it closes below 9.20 by close of trade on friday, it will have confirmed the descending triangle formation going back to February. Downside target is easy to establish...8.00,. Looking to sell some 9.5 calls. Matt
