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zigzagman

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zigzagman

Re: 1994hoosier post# 39

Monday, 02/09/2009 7:24:13 AM

Monday, February 09, 2009 7:24:13 AM

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Hi '1994hoosier' ~

Which statement don't you understand in that post?...There are a few of them...

First, I stated MS is one of the strongest companies of the financial banking sector...Many other companies in the same sector like Bank of America and CitiGroup are in much worse shape than Morgan Stanley right now...MS is one of these types of companies who's survival is guaranteed...

I don't know if you know anything about ETF's, but that's what I was talking about when I mentioned FAZ and FAS...They are both Exchange Traded Funds (ETF's) for the Financial Sector...

That means that if most of the stocks of the Financial Sector go up any given day, FAS will go up, and FAZ will go down...

FAS is playing the Financial Sector when you think it will go up, and FAZ is playing the Financial Sector when you think it will go down...

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