http://finance.yahoo.com/banking-bud...=TBD&ccode=TBD
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Gotta love seeing all those wasted tax dollars.
It's just incredible how the timing of this coincides exactly with Sirius' rise and the market's "rally"...
Insights on FNM... if you are crazy enough to follow what I say... here goes...
I think FNM retraces a little... I predict I buy when it retraces.... I think it will then retrace a little more to piss me off... then I predict my patience will pay off in about two months.
Luckily - I drink heavily...and spend lightly....
oh... one last raging rant before I head to sleep -
I HOPE ALL SHORTS AND MANIPULATING #@%$SUCKERS BURN IN HELL!!!
Good night all....
I'm looking for FNM to get back under .50 to buy and will sell right at $1
I would just hate to miss a run from .50 to $2.40. I have bought fnm multiple times at .72 or so and sold on the run up over a dollar got over 2 dollars one time. I have seen it break into the .40 and want to take a little less risk this time so i am waiting til then. Although I am also afraid of the equity getting wiped out and so I could see .30 or worse. Only reason I would buy fnm again is because I would only be using fnm profits. I bought it a while back thinking gov might use it to fix housing now i think their is a better chance it gets wiped out then put back to old self.
Sorry this is so run on but my thoughts on fannie are not clear at all