Bhairee, Fannie and Freddie still getting pounded hard!!  The Fed and the Congress may intervene to help here but NO ONE knows to what extent the "bad" loans have seeped into both entities...Its just a waiting and guessing game.  Could be much more than what anyone has anticipated so far.  Like I said yesterday, run and don't look back from these 2 stocks.  BTW, send me your email too if you want me to send you the Gartman Letter on a daily basis.