Replies to post #652375 on Fannie Mae-No Politics (FNMA)

[Chaser13]

It may take a day to really reverse or even a couple of days but it will reverse IMO. I bet on it and feel very comfortable buying on these irrational days now. In fact I look forward to them cause when will I get these great chances to make easy money ? The fact is all the SM "quotes" are older quotes. It's not a new interview. It's just rehashed and things we all knew were already said but then we get a really positive tidbit about FNMA employees and they pull out old news and MMs take another bite at the apple. I used to get mad at this...now I trade it and keep my core snug as a bug in a rug.. I bought at 2.37 today on FOMO and doubled that buy at 2.07. I think we hit bottom for today but if not and it dumps another 30 cents...doubt it...I will add more. I think I will be very happy by Friday regardless and if not I will hold as long as I need to make bank. I will not lose money on FNMA or FMCC. I have never been this confident in 12 years of these sh%t. Life is good...I guess I should be thanking the bashturds from Bloomberg and WSJ.