Fannie Mae-No Politics (FNMA)

[Zargis]

I have always been good gauging fundamental movements after dumps. The key is to keep your eye on a 'good' company after disasters, or bad quarters based on them.

Note that I mean temporary disasters...

Examples:

Ocz may soon report good financials. Prior to its crap last year It was a 10$ stock, now $1.60 Ish. (really it appears almost bankrupt right now... so once the reports are out we'll know for sure)

Oww / orbits worldwide.
Last year near September it dumped hard due to low air travel sales. It powered up to $8 a few months later because guess what, temporary industry wide set back.

Aamrq

AMD is another one that went down from $8 last year to $1.90 and now is around $4. Long term I think they are uptrending but right now will drop a little due to media.

Point is that they are VERY MUCH LIKE FNMA.
Only difference is FNMA has much larger profits and other crap at work behind the scenes.

But yeah... I got my money back being patient and playing monthly trends.

Back then I didn't have a margin account either so day trading hurt me more than it helped.

If you do day trade... my idea is to make sure to verify the stock has some trending upwards momentum, that way you don't lose if you mess up a trade. Seems to work so far.

NOTE: I am only in FNMA right now.

-z