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I don't see any relevance to FNMA in this post. It's not like they are sitting behind a desk buying and selling stocks, right?
With ZERO evidence to support it...LAME.
Oh so the govt. wasn't playing nice with the judge? Thanks for responding, appreciate it.
Ok so if they do NOT fill then this usually means there is more upside right? If gaps being filled, then does this mean it's more volatile?
So a follow up question about gaps. If you are holding shares overnight and you see a gap up in the morning do you just assume they will be filled? My take after doing some reading is that they usually do. So if you're a trader would you want to sell your shares at the gap up then rebuy back in once it drops back down. If I'm talking like I know something I might say, I'd buy again while the gap is being filled. Am I getting somewhere? I know it's not that black and white but, just trying to learn.
Thank you!
I'm new at this. Can you tell me what "gap being filled" means?
Are we gonna drop off here?
For sure. If your ROTH is maxed, not much else you can do really but to contribute to a SEP especially since you can contribute so much these days if self employed...
I agree 100%. You may also want to look into getting a self directed ROTH I.R.A. I have mine with Equity Trust Company in Ohio. Had them for years. I buy real estate in there too. Allllll tax free at retirement. The average retiree will pay the government 10x more in taxes at withdrawal than what they saved in accumulation years getting the write off. Traditional IRA's are a scam. Government wins. Get a ROTH.
I see so you just called out 5 bucks for shits and giggles?
RUH ROW
WHAT were you saying again???
THIS is unbelievable.
Dude is this going to bounce???
Ok but the article has been out for hours now. Wouldn't the drop off be immediate???
I'm trying to find out the same.
That's not from the article I'm reading.
Oh I agree. Just trying to get an educated opinion.
The article is about a bill to wind them down.
What does the Reuters article do for this stock?
Added 5k shares. Couldn't resist.
LOL! I remember all the high fives and "thank you for all that you do" talk very clearly!
My entire point was not to believe dirty politicians, not to post with guesswork, and not to believe that a 30 year wouldn't exist if Fannie went down whether affordable, devastating, horribly priced, etc or not. That's it.
I'm waving the white flag. Next time read the entire thread. This is just ridiculous.
OMG really? Again, where did I say that it would be affordable? My god man pay attention. Let me break it down as simply as possible since you're obviously too busy thinking about what you're going to say next instead of following the thread back to its origination.
1. Maxine Waters says the 30 year fixed is not going away.
2. Someone posts as if to say a statement like this means that it's coming out of conservatorship no matter what and that she basically just gave away the secret.
3. I say that's not true and that Maxine is simply twisting it like politicians do by keeping the words "Fannie Mae" out of the sentence that we're referring to.
4. THAT'S IT!
I WANT it to come out of conservatorship believe me I do. I just dislike it when people post things and twist them in the same ways that the Maxine does.
So I ask again, where did I say anything about it being "affordable?" Another cut and paste? I swear things get so f'n twisted on here. All this horn tooting, not enough paying attention.
Type A - Stick to the point
Very well put.
OMG WHERE do you see ANYONE here saying that?! Simple cut and paste will do just fine...
Taper I'm more with you than you know. I wasn't spouting off about what I know and do not know AT ALL until some people that think they know it all go spouting off about what they think they know even though they don't know half of what they claim to know. You don't have to be a genius here that's for sure. Case in point.
Everything you just said I am WELL aware of. You're not the only one that has 15 years of origination here. History doesn't ALWAYS repeat itself. I'm simply stating that the 30 year fixed can exist in a number of different ways whether Fannie, Freddie, FHA, Portfolio, Private, whatever. He was implying that it only existed through Fannie Mae, which is not true. This entire back and forth all stemmed from a POLITICIANS statement about whether or not a 30 year fixed loan was going away and my point was simple, she left out the words "Fannie Mae." Obviously we've gone well beyond what the point was that I was trying to make. But thanks for the attempt to educate.
Are you saying that you don't think that a bank will offer a 30 yr mortgage if Fannie goes away? Think I'm confused here.
Of course. Maybe even 40 to 50 IMO.
Banks will what?
Yes I saw BUT she didn't say "we aren't getting rid of Fannie Mae."
Where's the "$8.00 in 2 weeks" now? LMAO!!!!
Another good rule of thumb: Don't jinx it. Celebrate when you've sold, not while you're holding...
K seriously. I'm a novice here. Who's buying all of this? Bigger boys??
Counting your chickens before they've hatched = recipe for disaster. Please don't jinx this guys...
Idiots.