Freddie & Fannie - Volume Leads

07/11/2008 12:00 am EST


Thomas Aspray

, Professional Trader & Analyst

Freddie & Fannie plunged further today over liquidity concerns, despite government comments. On Balance Volume (OBV) has been negative since late last year and warned of a sharp decline. Volume 10-15 times greater than average today could be panic liquidation but "could be" is the operative word.

Related Articles on STOCKS

Keyword Image
Conoco: A Breakout in Energy
2 hours ago

Our daily breakout stock ideas are most suitable for aggressive investors seeking ideal entry points...