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Replies to post #147436 on Fannie Mae-No Politics (FNMA)

Replies to #147436 on Fannie Mae-No Politics (FNMA)
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altruism

11/11/13 2:17 PM

#147439 RE: 10thMountain #147436

OK lol wow that's taking in the big picture, however I think you are correct....
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altruism

11/11/13 2:22 PM

#147441 RE: 10thMountain #147436

Here ya go chart for you so if any asks what ya mean ;-)
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nick101

11/11/13 2:31 PM

#147446 RE: 10thMountain #147436

To me it looks like straight across from where we are now.
The higher point in May looks like another consolidation point for the next handle.
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fb22term

11/11/13 2:45 PM

#147451 RE: 10thMountain #147436

I see what you are saying. However, I believe the cup has not completed yet. This next move up wave 3 should be bigger than wave 1 up was. It should take us up just rough guessing here to at least $3.55 -$5.50. IMHO, then we get the handle and the correction which is wave 4 and then the blowoff for wave 5 which I am thinking $8 -$10.