Fannie Mae-No Politics (FNMA)

[401kobessive]

I think Clay may be off on this call. I see the spinning top. Its clear to everyone looking. I know a spinning top is somewhat a precursor to a pullback. However, when you look at the daily we see a hard daily retrace down. Then a sharp V correction to the upside. The sell off is being absorbed quickly by buyers. Anyhow, My thoughts are more of the same until something changes. News has been really good of late. IMO earnings alone should have done more than we seen of late. Im long, so im just more of a spectator than anything.