Trading update, Thursday 9/29/11

Changed the logic on the FAS entry order, and was filled at 8:00 am this morning at 11.25. Germany voted to increase the funding for Greece, and the market took that as an incremental positive.

I have added an entry stop limit order for a second FAS lot at just above today's high. I am not sure why, but I am feeling a bit more optimistic about the financials.

I have placed a FAS exit limit order at 15.65, which is just below the high made at the end of August.

Disclosure: Long FAS.

***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***