Fannie Mae Preferred S (FNMAS)

[woondedeagle]

All the monkeys ran to the opposite end of the teeter-totter yesterday - just too much easy short term money to be made, I guess. But what about today? A few people thought that beginning with the new year we would see huge interest in FnF as fund managers start new 'books.' I don't punish those who have the courage to speculate and are later wrong, but I do like to see what they think after the fact - wrong or right. Or, as Joe thinks, are we really about to be taken for the ultimate 'ride' by Tsy? Of all the scenarios being bandied about that one scares me the most. I've got north of $150k tied up in mostly CKJ's and CCT's and would not take it kindly if it all went away in a sort of 'super August 17th' ambush.