Fannie Mae-No Politics (FNMA)

[Bodach]

Also, I think the MACD analysis has to take the 1.47 spike into account. It throws the chart off a bit. If the current ..well.. things I see on level 2.. were being played during that day, then 1.47 may never have happened.

LOL, btw your post made me laugh. TO DA MOOOOOOON!!!!!! Thx for that.

Anyway, if I take everything I've seen since then into account, the red moving average is much closer to blue. It's possible that it will never cross downward tomorrow, and yet still satisfy the reversal to bullish.

If I get to say one paragraph to an investor who is in from this morning, it is this: Don't let the dip scare ya. We've got about 60 billion sitting around for a rainy day, and projected profits up the wazoo now. Fannie has chosen to show it's turn around slowly. After all, the big boss there is the Secretary of the Treasury. The less attention FNMA gets on this turn around, the better for the government.

The light at the end of the tunnel for conservatorship, IN MY OPINION, is now in place. Before we see it, again.. IN MY OPINION...there will be dips and crazy run ups.

GLTA!!!