Freddie (FRE) & Fannie (FNM) 01 (May 08 - Feb 12)

Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby kennynah » Fri Aug 07, 2009 2:08 pm

and since wed....FNM price soared 30% from ~59 cents to ~78 cents,,, and even after this loan announcement, its price settled yesterday at 79 cents ...

if trade using logic... early early DCS already...
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby helios » Mon Aug 10, 2009 11:36 pm

is this worthed looking??

there'd be a resistance around 0.92 - 0.98 region ...

nonetheless, 08 Sept marked the day when FNM plunged! What if the reverse happened this Sept.?
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby kennynah » Mon Aug 10, 2009 11:39 pm

there's always a reason why a counter moves aggressively.... we wont know until in hindsight... just some would believe C will survive and regain some of its earlier glory, some will believe that FRE and FNM being "GLCs" supporting much of americans study loans...then, this may be a long haul counter... but remember, the money invested in such counters can stay stagnant for a very long time...just as FNM hovered arounf 50-60 cents for much of 10 months...
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby helios » Sat Aug 15, 2009 8:05 am

i am waiting for FNM to be < 1;

- recently, a bunch of short-term moving averages have crossed-over in july-aug; e.g. MA7 is 0.95 & MA25 is 0.69;

- its volume is picking up fast (unlike the past 10 months) ...

- sept. is approaching; it had been a year since it was last brokedown;

- for now, candles appears to be thrusting, there is no clear signal;

- stochastics is hung in mid air too.


http://stockcharts.com/h-sc/ui?s=FNM&p= ... 8409494631
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby helios » Thu Aug 20, 2009 10:52 pm

i bought some FNM liao ... ... ... mmm ...
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby helios » Thu Aug 20, 2009 11:36 pm

Yuppz; september is around the corner ... 2 scenerios can happen:

1. any mark > $2, we need to hold it for long term; maybe, this is a pyschological figure?

2. FNM has a short window period [to react] due to the high-rised volume; any mark < 0.8, we need to cut loss & exit.
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby helios » Fri Aug 21, 2009 11:12 pm

Yes, averaging up.

Will find another opportunity to do the 3rd load.

Watching if FNM goes above 2.
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby helios » Mon Aug 24, 2009 10:29 pm

42% up liao ... ...

1.8 - 2.0 will come quickly ... ...
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby kennynah » Mon Aug 24, 2009 10:31 pm

tsk tsk tsk.... sibei strong man...

congrats on your almost 100% win in less than 1 week.... dont say go shanghai and hong kong...go tokyo, paris and milan oso can lah...
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Re: Freddie Mac (FRE) & Fannie Mae (FNM)

Postby helios » Mon Aug 24, 2009 10:49 pm

yeah, exited at 1.73 :!:
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