Fannie Mae-No Politics (FNMA)

[chenzo11]

Sold today at $1.68 when it looked like we would not close above the 20MA of $1.72. At that time I figured FNMA would test the 50MA of (1.63). Really surprised it didn't hold. I will be looking to buy at $1.50 in the next two days.

This is how a stock like this has to be played. I banked almost 20% in two weeks. Will buy back in on the pullback. Too much upside potential.

Chenzo