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Non-Tech : Raptor's Den
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To: Stockdoctor who wrote (3825)9/26/2002 8:02:33 PM
From: westpacific  Read Replies (3) of 10157
 
FNM - the Fed will protect the share price, no choice, be damn careful being short this baby. Short and long for a trade but don't bet on too big a fade.

The Fed has to protect it, this company holds the keys to the entire financial market on the mortgage side in this country.

DO NOT FORGET THAT FACT. And being a GSO, it is the government.

Everyone wants to be short it, so look for scary squeezes now, I see $70 within a week here.
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