Fannie Mae-No Politics (FNMA)

[chenzo11]

For the sake of all the longs here, I hope I am wrong also. As I posted earlier, I sold today at $2.38 and got lucky to miss this price drop. Didn't get back in today. Playing it cautiously.

Will wait and see if they run the price back down to $2.00, its a pretty good bet they will IMO. If $2.00 doesn't hold, then its $1.80. We are still in an uptrend, but I do not believe this is the "next big run". Actually, this pullback and consolidation are healthy for the long term.

I still believe all the positive things that will make the PPS soar are still intact.

GLTY

Chenzo