Wednesday, March 18, 2009

Keep FAZ On The Watchlist


AIG, FRE, FNM, BAC and C(garbage financials) all attracting speculative money now. They are melting up and FAZ is crashing obviously but keep this on the radar as it will be a solid trade soon.
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2 comments:

  1. CliffynatorMarch 18, 2009 at 11:16 AM

    I'm watching for movement as a result from the Fed announcement, which started just now.

    ReplyDelete
  2. AnonymousMarch 18, 2009 at 1:43 PM

    1.5bln shares of AIG were shorted. See the volume - I don't think they're quite done covering. But soon :)

    ReplyDelete