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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Dave Gore who wrote (20407)1/9/2002 11:14:53 PM
From: mishedlo  Read Replies (1) of 99280
 
No offense but I think this could be a Short signal.
I read an article a month ago calling FNM a "sure fire" play.

Now with housing slowing we see this garbage.
biz.yahoo.com

I was waiting for FNM to get back to 84 to buy puts. It never did. It is looking ver very tired here and I will bop it for sure if it can muster up a sucker rally to 80.

Bears have been wrong all year on this one but it finally looks ready to crack.

M
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