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Re: Churak post# 26667

Friday, 09/26/2008 4:03:50 PM

Friday, September 26, 2008 4:03:50 PM

Post# of 27114
I've traded FNM about 50 times in the last few months.

Don't think I've missed it once.

Got my head chopped off yesterday with it. Bought a bit, then hopped in the shower because i wasn't moving much, got out of shower, still wasn't moving, drove to work; on the drive, the bottom fell out......pfffffffft!

One time too many in the cookie jar.

So, for more fun, I'm holding a MUCH SMALLER position of FNM over the weekend, just to see what happens with this bailout. It either goes to $3-4 on the news; or under $1. lol. We'll see. Pure Vegas gambling at this point.

FRE appears to be the better bet, though. Not sure why I didn't grab that instead. Idiot.
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