Replies to post #288650 on Fannie Mae-No Politics (FNMA)

[Stockman1010101]

I think there is very strong support at $2. If we get bad news, it might break this support, if we have no news. I bet this support holds for a while like an armed fortress. As always, I dont have a crystal ball and I am guesstimating. I am taking a more practicle view of things.

[FNM500K]

FNMA gained more this year than any of the indexes.

Good solid performance. Difficult for most folks to comprehend. Move along boys, nothing to see here. No sideshow, just solid gains.

Shorts will get roasted, slowly buy surely. Longs will take this rate of return any month, all year long. Let's see where we end up in a few months.

I ask - do shorts have the balls to hold over for the next month?

$$FNMA$$