FAS Car: Financial ETF Has Room to Run

19 November 2009 @ 11:55 am EDT

The hit and run approach has been the only one working, and with todays gap down we are going to look to buy the pull-back. FAS is the financial ETF that is opening down this morning and looks like it has room to the upside. Enter long for a move to at least the 81 area, and if you can stomach holding a stock in the this market it should make it up to 84. Put your stops down at 7<br>7.

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