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S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,792.80
(
0.00%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.27
(
-0.39%
)
Bitcoin
62,996.99
(
3.65%
)
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EquityTrader

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EquityTrader

Re: trade2much post# 345

Monday, 01/26/2009 10:58:10 AM

Monday, January 26, 2009 10:58:10 AM

Post# of 429
I'm long FAS right now...For the next two weeks...

After Obama's Stimulus package comes out, Geithner is approved, and the release of TARP comes out (all positives for financials)...it will rise a bit, and when it tops out go into FAZ/SKF. IMO Dow will go to 6500 this summer...so, short the financials...but, don't do it for at least 2 weeks...because we'll have a short term rise.

My DD consists of flipping a coin. Don't follow my advice. But, feel free to add me as a favorite!

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