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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (57497)	12/22/2004 8:36:05 PM
From: FiveFour	Read Replies (1) \| Respond to of 74559

"The most outrageous is always disclosed at the end." Also, the new chief always has an interest in hanging out the old, dirty laundry as soon as possible. The drama will continue.

To: TobagoJack who wrote (57497)	12/22/2004 9:42:38 PM
From: Ramsey Su	Respond to of 74559

FNM is really interesting. Why is it going up with such strong volume? Not that much short interest so short squeeze not likely the sole cause. Are there real buyers? Logically, FNM should air all the dirty laundry NOW, blaming the outgoing Raines and Howard for all the evil deeds. Could the laundry be so stinky that they really can't handle airing it? May be there really is nothing to it? I have read a number of "reports" on FNM recently, addressing the issues at hand. Only conclusion that I can draw is no one seems to know much more than superficial stuff. So a number of brokers came out supporting fnm today. The cynical side of me have to wonder if they are concerned about all the fees they make from FNM MBSs and other businesses. I have to admit that I can't resist and spent a few bucks on March 65 puts.