EBAY and FNM

BEST FINANCIAL ENGINEERS?? LOL

You have to be joking....this is the analogy between FNM traders and the Wall Street MBS (Vranos, Clinton, Greenwich)....grade school kiddies getting punked by the high school jocks.

FNM only has the government on their side.

Basically, FNM is toooo big tooo fail if you know what I mean.

BTW....FNM is a HEDGE FUND that specializes in MBS.

 

"Best Financial Engineers" is the same as "the Government"........even the big fall sooner or later.....

 

Where would you put your stop with this short? Above the trendline?

 

I would not short EBAY. I have a friend who does it on a regular basis and always gets his butt handed to him. He has lost more money thinking it is overvalued. He has done it since it was in the 50's and now it is up over 100.

 

The time to short FNM is now. Stop above 70.

 

More downside to come Dis....when the regulators step in they will find a new meaning to "COOKING THE BOOKS".....peace

 

I guess not........... closed Short@69.98....

 

waiting for ~$75, with stop above longterm downtrend at $78