Direxion Daily Financial Bull 3X Shares (FAS)

[Porgie Tirebiter]

I've been kind of holding back from FAS and FAZ while this whole Finreg thing has been going down. The uncertainty it brings makes these too difficult to play.

I think once Finreg passes, you'll see financial stocks pop on the "reduction in uncertainty".

Goldman Sachs never wanted to be a "bank" anyway. That was just something Geithner, Bernanke and Paulson jammed down thier throats, so that they could jam TARP at them for a back door bailout of AIG. And the irony is that Congress has been trying to punish them for it ever since.

I just want to get back to being able to play FAS/FAZ as economic data comes out. Having to calculate the Congressional stupidity factor makes this just too difficult.