Fannie Mae (FNMA)

[Zargis]

I am not predicting, though I expect a gap up due to the near -HOD close.

That's what often happens.

If we gap down or trend down (leaving no gaps) I would expect a strong close tomorrow as well.

if we GAP UP and leave a gap, there will likely be a retrace on Monday / Tuesday of next week.

This is all my opinion, and, many variables may shift by tomorrow morning rendering my opinion obsolete.

Regardless, I am expecting a bigger move tomorrow than was today.

Unless you can sell and buy back the same day, if you wish to, I would not advise selling yet. It might bounce off the $3.50 mark, or, it may run it over.

We need volume, and today was 13million less than my minimum expectation based on this morning.

Be safe,

-Z