Smoking Securities

Half Baked High Finance

Attention Traders ($XLF $FAS $FAZ)

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swapsale2Yes, the SIMULTANEOUS SHORT SALE of FAS and FAZ has been profitable, so forget buying these pieces of junk, sell ’em when you want to take a position!

Please bear in mind the risk of short selling. If you need to hedge, there may be no shares to short, causing alpha draining buys to cover and/or margin calls.

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Written by chucklesamadeus

April 2, 2009 at 6:55 pm

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