Open Entry Orders for Friday September 9, 2011

I have placed a stop limit order for Friday for the FAS and for the FAZ, just above today's highs. If the financials move outside of today's range, and this move does not occur on an opening gap, then at least one of the orders should get hit, and I will be long one of these vehicles. If the move does occur on an opening gap, then one of the orders might get filled.

Profit Targets have not been determined yet, but I will be looking at recent pivot points as a guide.

Disclosure: No positions in the securities mentioned.

***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk...my positions my change at any time without notice***