Fannie Mae-No Politics (FNMA)

[Hey_Its_That_Guy]

Tomorrow isn't going to bleed, tomorrow is going to be a beat down followed by eye plucking, then some more beating, then finally the day will end. Then repeat everyday til least Friday. People will be afraid and they should be. Some elected politicians wanted Fannie and Freddie gone and the crisis gave them a in to do so. The sweep was enacted to ensure the government and the tax payers would get paid back. The monies were paid back but now they had their cake and want more.

30% of today's volume was shorting. I have a feeling some people knew the case was going to be set back and decided it be a good way to make money or to cover losses in their positions.