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Federal National Mortgage Association Message Board

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  • cabogordon cabogordon Oct 11, 2008 3:15 PM Flag

    FNM will not see 2.00 in 08"

    KNOW> the run up was based on main steet not knowing how bad things were and the notion a bailout would save the economy. the dust has settled , expectations are now grounded in reality that we are in a major 2-3 yr recession. you might see 1.50 on a dead cat bounce. 2-3 no way jose.

 
FNMA.OB
2.10-0.12(-5.41%)Oct 30 2:37 PMEDT