Replies to post #209448 on Fannie Mae-No Politics (FNMA)

[budmgd]

Here's another one...do you guys see anything on the FNMA chart that looks like this? LOL


https://www.google.com/search?q=what+does+a+gap+on+a+chart+look+like&biw=1680&bih=856&tbm=isch&imgil=Ylpw3sH9YIay_M%253A%253Bhttps%253A%252F%252Fencrypted-tbn0.gstatic.com%252Fimages%253Fq%253Dtbn%253AANd9GcSSWx3qFBO650d4Um7VRKEE2TuiHT6-nGv1wNBi1zlEJ40gw4gD%253B442%253B298%253BQGpImVWJHmJCGM%253Bhttp%25253A%25252F%25252Fthewildinvestor.com%25252Fhow-to-play-gaps%25252F&source=iu&usg=__woqx6vf2NOcem91iygHln7aKutE%3D&sa=X&ei=OSNgU5HhK8Wg8gHPwYCoAg&ved=0CDIQ9QEwBQ#facrc=_&imgdii=_&imgrc=Ylpw3sH9YIay_M%253A%3BQGpImVWJHmJCGM%3Bhttp%253A%252F%252Fthewildinvestor.com%252Fwp-content%252Fuploads%252F2009%252F12%252Fstock-chart-gap.gif%3Bhttp%253A%252F%252Fthewildinvestor.com%252Fhow-to-play-gaps%252F%3B442%3B298

[Mikey Mike]

What is with this camel toe talk? :-)

[tennis3131]

Gaps based on previous day high. Be glad it is. We would have to go way down to close gaps if it was based on previous day close. Start with 3.50s. Not true though.

Check the history of gaps on a FNMA chart and you will see.