Replies to post #603798 on Fannie Mae-No Politics (FNMA)

[mrfence]

Preferreds are really over bought at RSI 70. Easy short in this market. Need to cover your oversold common short positions. They've only gone up since I warned you and they have a lot of room left to rise $FNMA~ $FMCC~ :-)

[JosephS]

Agreed