I've changed my strat with FNMA. I'll only buy it after a big drop. I actually tried to get in today @ 1.34 and it wouldn't take. That frustrates me as it happens a lot with this one, so I'm out for now.
Personally, I don't care about the "news" anymore and I've decided not to trade based on the news, good or bad. I won't buy EOD either, expecting a gap up the following day.
I think this will Momo trade for months, which I like. You seem to have it figured out pretty well so just keep doing what you're doing.
In saying all of that, your FNMA incite is really helpful and I always look foreword to it.
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