Replies to post #345 on ProShares UltraShort Financials ETF (SKF)

[EquityTrader]

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.