Larry --- Have you noticed that Yahoo has a new format for the information under Finance. Very easy to set up charts and get current information.

I noticed that FNM has been coming down the last 2 days. Today Sec. John Snow asked congress for a stronger goverment hand over Fannie Mae and Freddie Mac. Ck out LEN and WM today.

Bill

Yes, Bill, I really like the new Yahoo Finance format. Those of you who haven't seen it ought to check it out.

FNM traded down to support this morning at around 67.5. We'll see if it holds. I did see WM and LEN. WM is a long time favorite of bank analysts. But the slow down in mortgage lending is going to hurt them.

Larry

Hi Bill - Yes I took the bait on the down trend and bought a couple of FNM puts this morning. So far so good. I guess I'll see in the long run.

Dave

Larry --- Thar she BLOWWWS

Bill, watch the close. I'm big on closes rather than what happens intraday. Also, I want to see the S&P close below 1015. Right now the low is 1015.62.

Larry