Replies to post #143507 on Fannie Mae-No Politics (FNMA)

[Chief Slapaho]

I have a feeling you're right. And I really don't want to see the big spiking again ... always results in a massive sell-out and day flipping.

[Pharaoh-1]

The previous run was not something an investor would like to repeat. We did not last over $5 for more than 1 hour and we did not last over $3 for more than 2 days. The previous run was fast and the drop was faster. How many people were able to benefit from that run - it was so swift.

The way we have been trading lately is the way to go IMO and I believe we will be at previous high but on more solid base.