Sunday, October 06, 2013 11:09:49 AM
Same here. i'm no great flipper. I came to fnma as a macro play, and stayed in for the 2nd run, missing many good flipping chances. But i don't have day trader status anyway, so that prevented me from even trying to flip much. After 2nd run, pps action eventually became so predictable every morning 8:30-10:30ish that I wanted to flip a little but lacked enough powder. So i paper flipped, and was ok at it, not great. I flipped 1-5 cent moves easily. I'm currently up with a core holding, down in another account, and overall I'm just long until the big political decision is made. I'm hesitant to add right now but given some additional positive info appearing sometime soon I might add a little. The buzz, at least, has lately turned enough to tempt me into adding. If I add, I will probably take some profits on any subsequent run, but Probably not from my core position. If I get good enough at paper flipping without violating non-day-trader rules, I might flip more for real, but that won't happen for some months probably.
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