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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: bobby beara who wrote (21179)5/27/1999 3:39:00 AM
From: Chris  Read Replies (1) of 42787
 
hi all,

did some daytrading today.. will be selling into the morning strong open (i hope).

take a look at this rolling stock : fannie mae (FNM)
looks nice.. now, rising interest rates will hurt this stock, so be sure to place stops. if you're savy, overlay the 30 yr bonds (TYX) and fannie mae. Notice that when the interest rates have inched up in the last 3 months, FNM has been in consolidation mode.

** this is not a recommendation to buy or sell. Just a stock that I am looking to share my technical thoughts on.
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