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Non-Tech : FAS Financial Bull 3 x ETF
FAS 176.37-0.8%Dec 26 4:00 PM EST

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From: John Anderfuren1/26/2011 9:25:05 PM
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Note: FAS and its' opposite Faz have been following a pattern of crossover between quarterly news reports. This process is used by me to hedge my substantial Tarp warrant portfolio.

While I agree that the long term price appreciation of FAS over the next two to three years is solidly upward. Individual Tarp warrants selected for stock quality and leverage is a much more attractive way to play this market. It also offers the option in a taxable account to hold the warrants and their leverage until the 9 year term runs out or you convert and start pulling the dividends of the underlying stock without a taxable event.
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