Today the markets are falling to new lows thanks to worries about Fannie Mae and Freddie Mac. It looks likes these stocks will go to zero at this point on lack of liquidity and overleverage.
Even though market sentiment is the lowest in years, creating a very bullish sign, it would be best to wait for Fannie and Freddie to hit zero and be recapitalized before dipping toes back into the market at this time.
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