Replies to post #200924 on Fannie Mae-No Politics (FNMA)

[Santana10]

More 'doji's on the near horizon - as FNMA market awaits signals from committee - if bill going to make it out of committee. Home owners becoming aware of impact of no more gov't backed mtgs. Lower home prices.

[Fanniefreddieforever]

I would definitely keep in touch with you guys....especially you my friend Zarg (if I may call you that :))

...we should have/create our own group/board...Our own investment group online where we can share ideas. Technologically...it's easy to create forums I'm also in IT. Marketing, content, etc...Are the difficult parts to accomplish. I must say the ihub forum software is a bit outdated.

[frdmlover]

Just my two cents here---
Most people including you talk of only two postions that trading/investing allow: Fear or Greed.

Fear = no opportunity to gain.

Greed = opportunity to gain.

If everyone insists fear is the motivating factor when people sell to prevent further loss or take profits to prevent any loss well, that is really just Greed. If everyone insists holding until the oxygen runs out is Greed, or selling at the highest pps you possibly can, or selling to prevent a loss or precieved loss...well those are really just Greed.

So in the end the only emotion that matters in investing/trading is GREED.

Do not be ashamed of your inner greed, the desire to accumulate wealth and SECURITY is nothing to be ashamed of. No matter what the prevailing political/moral (eh hem...Obama) winds whisper in your ears.