Replies to post #5529 on Fannie Mae Preferred S (FNMAS)

[CatBirdSeat]

It must have been pure luck or intuition I bought some common in the forty cent range Monday. Something was bugging me this weekend to buy some common. How can I do any work today with this action today..

[europegoodold]

You surely remember the printed theory in 2009 that -more or less- only daytraders have been behind the rallies at that time.

How much reality, how much fancy in the common's run? Still can't figure this out...

[littledevils90210]

I think resistance should be close...I amnot sure what the number is but, i feel it coming. I invest with my own DD and gut. I sold 70% of commons yesterday and book the gains.....My gut usually is right but, who knows I could be wrong and you common guys will make a few more boats than me....go GSEs....and....go figure...devil