Last year I traded SKF on a number of occasions and, fortunately, did extremely well. That being said, this post has nothing to do with SKF; however, I believe the financials are going to appreciate in value this year. And although many analysts on Wall Street do not agree, or necessary like the stimulus package, I believe that this will help propel us out of the recession. Once we turn the corner, the financials will lead the way to recovery. I bought FAS at $8.25 and sold Feb $10 calls for $.40 to give me protection on the downside. I plan to hold FAS for 1-2 months.
DreamBIG > Trade Notes
Member since: Feb 07 
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DreamBIG: Trade Notes
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