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To: Tradelite who wrote (126834)	10/2/2001 12:57:09 PM
From: sammaster	Respond to of 436258

i agree that sometimes stock splits are sometimes bullish for a stock and its dangerous to short momo stocks that split....but in this case fnm and others are getting "chased" as rates go down.... as soon as rate cuts slow down,momo chasers will get out... that being said fnm could still move up from here so is not a short-term short...short and hold better... as more people default and economy slows and people stop bidding up houses because they fear job loss.....fnm will fall