FRE and FNM looking weak The price has broken below the lower trendline on FRE of its ending diagonal. Here come the $40s. Such a fast price fall for the mortgage companies would send shockwaves in the bond market. Maybe bonds and stocks tank together in WAVE A? <A HREF="http://stockcharts.com/def/servlet/SC.web?c=FRE,uu[w,a]wacayyay[df][pb50!d20,2][vc60][iLp14,3,3!La12,26,9]&pref=G" target="_blank">http://stockcharts.com/def/servlet/SC.web?c=FRE,uu[w,a]wacayyay[df][pb50!d20,2][vc60][iLp14,3,3!La12...</A>