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Friday, July 11, 2008

Fannie Mae and Freddie Mac

My current advice is to stay out of this mess with FNM and FRE. Don't try to short them now, it is too late. Also, this is a good time to start covering any previous shorts. The government will ultimately bail them out.

1 comment:

MasterSpeculator said...

I think the short covering rally was today.
watch how the stocks trailed higher on a -200 day.

July 11, 2008 at 11:10 AM

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