Fannie Mae-No Politics (FNMA)

[rjanderson383]

I know some basics, but thank you. Most of what happens tomorrow will largely be determined by news.

I've noticed that sometimes on a downtrend(which we've begun) stupid articles come out and cause panic selling resulting in even lower stock price.

My assumption is a gap down to 1.50, I think that will break and then 1.40 will be the new support area.

Now if horrible news comes out... maybe lower,

Positive news will maybe stabilize the price.

My guess is it's most likely going to see at least 1.45 tomorrow.

I'm waiting on the sides... I may or may not get in tomorrow, if not, Friday. :) I think Friday is safer. Last time this broke 1.40, it was ugly.