Even with today's red close, the MACD moved closer to crossing because today's pps was still higher than 2 days ago.
I think it's funny because most here, "including myself" are so used to some OTC crap news, and a big day up and then a sell off. Everyone trying to get in and out so quick, which is fine.
Bigger companies take more time to fully see what is going on here. That is where the real money will come in.
Just think, after today... hedge funds, mutual funds and the connected financial institutions are now evaluating FNMA. They just don't see the news this morning and think.... HEY, throw 2 million in FNMA. As time goes on, and which we've begun to see as BLUE has so diligently linked us to... is the fact that major companies are starting to buy. These are not flippers or swing traders, these are long term investors that will soak up the shares on the market making us have steady gains week by week.
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