Replies to post #258813 on Fannie Mae-No Politics (FNMA)

[10thMountain]

UM.......Really?? So.....you're saying that YOU can look back at the FNMA chart.....of this past year and a half.....and say that all of those gaps up that happened on all of those big runs....that later were closed when the price came crashing back down....were "Stupid"?? Well....I can assure you that the people that bought at the high end....didn't think it was stupid....The first big run starting in March of 2013, was riddled with gaps....Well......take a look at what happened.....TECHNICAL TRADERS take gaps very seriously.....You better hope something big is brewing.....if not...... that gap at 1.70 WILL get filled....And there's nothing "stupid" about that.....