Added to my FAZ position.

On Wednesday, my entry stop was triggered in the FAZ. I am now long 2 units (out of a possible 10), at $43.71.

I am offering out 1 lot in the high $60s and 1 lot in the high $70s. I will watch the chart and the headlines out of Europe for opportunities to add to or to lighten up my current position.

I will become interested in FAS in the $20s.

Disclosure: Long FAZ.
***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***