What happens to the market

[Skulnik]

when or if Fannie Mae and Freddie Mac go down?

[whodi]

Its obviously a negative sentiment but its more than just that. Besides Financials, Oil, ect.... economy is garbage, consumer spending, unemployment. The list gets longer. Market isn't getting killed on them right now. Market actually rebounded nicely at one point. Just a lot of negativity out there Skul. Some take advantage of the drops but all financials for the most part are struggling. They will not make the market collapse by themselves. The news today isn't that shocking. Many have to expect this.