Replies to post #197312 on Fannie Mae-No Politics (FNMA)

[Fanniefreddieforever]

I think it's obvious a fund is loading at the low 3.40s. Maybe the low 3.40s will be history in a week or two.

[frdmlover]

Z - I sold today at 3.48 after buying on Friday at 3.60.

You ask why 3.43 hasn't broke yet...I just wanted to point out the major action has been happening in the last hour of trading.

This week drop in the last hour, last week all the gains in the last hour.

Personally I am going to stay out this time for a few days, seems the market can't decide if we are in an up or down trend. The last two spikes in pps also settled and then traded sideways only to spike again later.

GLTU