Replies to post #8109 on Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

Believing that something so complicated as capital markets can be described by so simple a system seems unlikely. A quick review of the last month's daily chart shows that this pattern does not hold true in the longer term.

Excellent advice can be found on investor forums; over the years I've made hundreds of thousands of dollars (really) based on ideas I first heard in a forum.

Unfortunately, unless one is sufficiently discriminating, the opposite could also become reality.