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Porgie Tirebiter

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Porgie Tirebiter

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Re: WealthBuilder post# 12245

Thursday, 05/13/2010 9:44:10 AM

Thursday, May 13, 2010 9:44:10 AM

Post# of 14996
Two weeks is way, way over the FAS/FAZ horizon.

I can't really get a feel for today, I think financials may feel pressure over the N.Y. attorney general's witch hunt. 30 year bond auction at 1:00 Eastern, watch that. Higher rates will hurt banks, by raising the cost of money.

I'm leaning toward a FAZ day, but haven't decided yet.

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