Im going long on FannieMae FNM

I have to agree that today you should be buying rather than selling, last year many were saying it was time to buy on anticipation of continuous 52 week highs, now that were seeing continuous 52 week lows everyone is saying sell.

 

i dont wait for the good news...

i just made so much money on AVCT and VVUS that I feel like
buying something cheap today ...

 

LEH went long variance before releasing the FASB report. Desperate to get some liquidity.

 

you sound like you have great potential as a trader. keep it up and you are bound to make tens and tens of dollars if you are lucky.

 

oh i bet good ole jimmy rogers is laughing his ass off right now.

 

Then why do you keep averaging down in the UYG, without any stops?

Your entry at $29.00 from May 23rd is way far away . . . especially now with the UYG at $18.00 and down another 7%.

:eek:

 

went in and out today

in at 17.95 out at 18.20


buying back in below $17.90....

did you see DUG by the way, not to far off from avg cost, my second buy on DUG is now in the green, above $30.

 

I think you will need another one of these once you are finished with FNM

 

There is no way housing/financial stocks recover with these 2 stocks on the ropes. Watch out for a Fed surprise.

 

my prediction on the surprise

govt will change rule to exempt fred and fan from new rules