I think the Bloomberg article that came out today is a good example of what all you optimists thinking the government is going to give you back your money printing machines.
They are already looking how to spend the FNMA dividends coming into the treasury in Q1, and they figure they can continue paying Social Security for a month with that payment. Unbelievable, they are already spending the money that hasn't even come in yet. Any you people think the government will give this up? Senators and Congressmen don't give 2 pins about right/wrong, or whats best for shareholders, or what the Constitution says, they want their money.
I am curious why FNMA's stock didn't drop given the Bloomberg report? I still maintain that FnF's turnaround created an unprecedented issue for all stakeholders. I will not trust any of the news and analyses in the next few weeks until maybe a week or 10 days before FNMA's Q1 2013 report is out. Actually, FMCC's Q1 should come out earlier, so if the prices keep at the $0.80 - $0.90 range, that means nobody knows for sure what's gonna happen.
Get your strategy ready. If the price jumps, and you can afford to unload, just sell to rip a quick profit before it settle back down. If the price tanks, just load up more, because you know it will come back up based on more speculations. The above is also for the short-term, not longs.