Replies to post #70686 on Fannie Mae-No Politics (FNMA)

[~ Ether ~]

Wallstreet has rallied for the past two days in anticipation of what the FED will do. My understanding is that if the FED continues to buy bonds (at their current rate of $85 billion monthly that is) we should be good. If there is any slow down or taper of this buying, the market might decline a tick or two.

This could drop us a bit, who knows however there is just so much pressure behind Fannie that she could literally defy physics.

To me that is wayyy more bullish than a golden cross can ever be.

:)