Fannie Mae-No Politics (FNMA)

[Chief Slapaho]

I exited my FNMA and FMCC holdings because I see little or no chance that these tickers are going to make a serious move until the litigation is resolved or removal from conservatorship is announced. I know that's not what you or other board posters want to hear. But the decision reflects my opinion and is my prerogative. My investment strategy is of no concern to you. Please don't subscribe any other explanation or call me a hater. Attacking me on this board by comparing me to a "bottom feeding leach retail trader" serves no useful purpose. When I see signs of life and am ready to get back in, I will.