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Archive for March, 2009

Time to buy FAS

Thursday, March 26th, 2009

FAS is a Direxion Financial Bull 3X Shares (ETF)
The Market to Market rule changes that may come next week can potentially sky rocket financials. I have FAS calls (super leveraged) that I will hold. I am galad to particiapte in this broad market rally and it will continue.

I know that we are not out of the recession yet and everything will come back down again, perhaps even test new lows. It’s all about timing. As this time, FAS will double by next week.

FAS

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