I own a big chunk of FNMA and FMCC. I think they will gap in the morning, but I think the gap will be small and allow entry. I think it will gap and run. Tomorrow morning should be good for these tickers, but after that, all bets are off. I will of course keep trading them as long as the momentum continues. If they start coming up strong again like last time, I will buy more on the way up but dump it as soon as it dips. The close was very strong with big buys, so I can't imagine if crapping right away in the morning but this is the OTC. I sold my first position too early this morning - as I posted here, I held FNMA last night. I never thought it would break $2 today, but it ended up getting monster 80M volume and running really strong. I got back in around $2.1 - my goal is to exit at $2.5.
Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. I have seen all the things that are done under the sun; all of them are meaningless, a chasing after the wind. Only trade for the sake of trading.