Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Markets ALWAYS over react. Feds increase and future increase talks are spooking Wallstreet. We are correction territory after this route. Maybe another one will happen, or not. Either way, the market finds a bottom. I see the twins commons 5-6% down, dam straight, I'll buy. Nothing, and I mean absolutely nothing in the news that provides any logic as to why commons are bleeding and prefs going up! I'd worry if both were headed down. Through the years both have mostly headed in tandem, where one usually catches the other after not too long. Now, there's no reasonable logic as to how both commons and prefs are moving. Total manipulation on someone's part is all I can come up with.