Fannie Mae-No Politics (FNMA)

[Potty]

FFF, thanks for your thoughts which are always interesting and productive.

I am out of FnF till the election at least...

I have been fully invested a couple of times, like you, but with higher quality names than MFA and IVR -- you are braver than me. I have traded way, way more than I ever have before, but taking profits in names like CEQP pref, ENLC, PK, SKT, SRG and others has done really, really well for me, too.

So thanks for your encouragement earlier, I did take the plunge near the bottom and did very well. I have been in and out since then. I am fully invested again right now but terrified of a correction. I just want to take some profits and go back to cash, but not quite there yet -- a vaccine rally would be great and I would be largely out on it. (I have a couple of things I am heavily in for the long run: WFC, LGNG, AROC, PSTH.U... If you have any ideas to share I always appreciate them even if you are braver than me!)

I think the Fall is going to be grim and probably when we have a big correction again, hope it is not sooner...