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  1. J

    FNM (Fannie Mae) tanking big:

    Again, it did drop much more than a dollar on Wed Sept 28: I see now it is trying to rally (it's at $43.17 at the moment). I maintain if it drops below $40, look out for a TIMBERrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
  2. J

    FNM (Fannie Mae) tanking big:

    Actually FNM was down much more than a dollar Wednesday - more like $5. So we're talking almost a 12% drop. Now, I noticed it IS up in pre-market right now, but only by about 99 cents, which is nowhere near the correction needed to call it an uptrend. Considering its 50-day MA is at about...
  3. J

    What did Cramer do to have the SEC restrict his trading???

    Thanks for the insights, and maybe the CNBC employment is the current reason. HOWEVER... Anyone know about if PRIOR to CNBC employment, Cramer got himself into a little trouble with the SEC? And no, I can't ask him. When would I talk to him about it? No time during the Lightning Round...
  4. J

    FNM (Fannie Mae) tanking big:

    I actually am considering shorting FNM even if the news is over-rated, I am thinking about the Churchill quote "a lie makes it halfway around the world before the truth has time to put its pants on". This is also combined with other bad news in the government today (see Tom DeLay scandal...
  5. J

    What did Cramer do to have the SEC restrict his trading???

    Why can't Jim Cramer do trading with his personal money? I know he trades for his charitable trust, but last week on Mad Money he looked at the camera and stated he is NOT ALLOWED to trade equities personally and that when he wants to invest his own money he has to do so with real estate...
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