Replies to post #27256 on Fannie Mae-No Politics (FNMA)

[rjanderson383]

http://www.investopedia.com/terms/s/sidewaystrend.asp

You do realize that a sideways trend happens to usually be followed by a breakout upward.

[rjanderson383]

sideways trend is often regarded as a period of consolidation before the price continues in the direction of the previous move.

Straight from the link i just posted