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FNM and FRE

So, I’ve got 10 shares of Google stock (NASDAQ:GOOG) and it’s down 40.92%. In short, I’ve lost a lot of money on it.

I’m noticing that Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are up a whole bunch since they crashed a few days ago. I really, really can’t help but think that I should dump all my Google stock tomorrow morning, buy a bunch of Fannie Mae or maybe Freddie Mac, wait a few days, then sell that and move it all into an ETF which tracks the Euro.

Do any of you think this is a particularly good or bad idea?

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