Replies to post #67948 on Fannie Mae-No Politics (FNMA)

[Servrguy]

Dollar cost down. Commons are not totally dead yet just look for good ops to buy cheaper. If it gets close to preferred sell and grab those. With a par $50 value they will out pace commons in the long run

[Kapla]

Ya, but the 5.40 Friday is not what you were talking about, nor was my response. You said:

My momentary concern is the MA 10 crossing the MA 20. Short term downtrend. Plus increasing volume on red days. Not a good sign.

and According to your chart that happened 4 days ago in correlation to the crossover with all 4 days in the Red proving true to that hypothesis.

She goes down a bit more, I have more $$ to buy, GL