Fannie Mae-No Politics (FNMA)

[Dollars1]

Hope they stop the sweep soon, so we (instead of Treasury) can benefit from the housing resurgence!

The ITB rose 1.42 percent to $27.87 yesterday. It's up 8 percent since the start of January--more than triple the broader market's gain--and has broken out to levels last seen during the sub-prime meltdown in 2007. In addition to DHI, the fund's largest holdings include Lennar and PulteGroup, whose quarterly results are due tomorrow. (DHI, PHM, and OC have seen bullish call buying in the last week.)

http://www.optionmonster.com/news/article.php?page=how_the_bulls_are_playing_housing_103072.html&src=msu