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To: oldirtybastard who wrote (217394)1/29/2003 12:22:22 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
seriously, betting on FNM and FRE going up after the Fed is a safe play. I think they have an insurance policy underwritten by all of us -- whether we like it or not. <ng>

Question is when rates will start to rise again ... that will kill them dead and it won't matter how much they print.