How about some more excitement the next time Dow futures max out their negativity. 10 yr treas. only down 23 ticks, 5.5 MBS down only 22 ticks. Worse yet, there doesn't seem to be much more price choppiness since the morning. Even spreads are slowly tightening. What a boring day!
All you can do is sit tight until something happens. The previous announcements on TARP have had zero impact on MBS trading so far. (ZZZzzz.... ZZZZzzzz...)