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Re: None

Tuesday, 05/11/2010 9:39:13 AM

Tuesday, May 11, 2010 9:39:13 AM

Post# of 1796
A down day is probably a foregone conclusion after yesterday. More problems with European debt, Chinese interest rates, all bad news for financials. (Good for FAZ)

Valuations however, are a little out of whack, and I think today's opportunity lies with FAS. For financials it will be a down open, slowly rising as the day goes by.

Watch the debt auctions this week.