Replies to post #129811 on Fannie Mae-No Politics (FNMA)

[mrfence]

It's moving way easier than the last run so throw that thesis out the window as far away as you possibly can :-)

but we face major resistance that wasn't a factor last time this moved big. It will be much more difficult to reach levels seen on the last run.

The proof is in the volume and the number of holders that held through $5 last time looking for at least half of book value... The $4 spike shows just how little resistance there is.

[SlickRick76]

Alright - thanks.....i'll be playing a bit more cautious this time around. GLTA!

[beambe]

how will that work when
OBAMA SPELLS OUT THE BEGINNING OF THE END FOR FANNIE, FREDDIE

http://blogs.marketwatch.com/capitolreport/2013/07/24/obama-says-its-time-to-turn-the-page-on-fannie-and-freddie/?mod=MW_latest_news