Replies to post #447703 on Fannie Mae-No Politics (FNMA)

[Latergater]

They must not be too smart given the steady decline in the common sp

[mhill_fin]

Here's the secret pattern for all you CBS fans at home hanging onto his every word. You're welcome.

Preferreds go down, Common go up - "It's the Preferred rotation into the Common"
Preferreds down, Common down - "The rotation into the Common continues..."
Preferreds go up, Common up - "The rotation into the Common continues..."
Preferreds go up, Common down - "The rotation into the Common continues..."
Preferreds even, Common up - "The rotation into the Common continues..."
Preferreds even, Common down - "The rotation into the Common continues..."
Preferreds even, Common even - "The rotation into the Common continues..."
Preferreds up, Common even - "The rotation into the Common continues..."
Preferreds down, Common even - "The rotation into the Common continues..."
Preferreds go up, Common plunge into the abyss - "The rotation into the Common continues..."