Monday, July 13, 2009

FAZ

I will probably short this tomorrow in high $49's or around $50. By doing this trade, I am pretty much saying I want to be long banks in size going into earnings. Buying FAS (the triple bull) is another way to do this. Financials are my biggest holdings right now. Currently I am long:

WFC, BAC, STI, PRU, HIG, and KEY

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