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Monday, September 19, 2011

Gold (GLD), TZA, VXX - Greece debt fear factor

GLD, TZA, VXX, FAZ will be opening higher as the Greece fear factor is back. As an individual investor many people would be confused by the action of wall st. When the news came out really bad, the stock kept going higher.
The important things to look out today is
7 EST Housing market data is coming, cons. is 15.
8 EST: Greece will be talking with IMF on a conference call.

As long as TZA, VXX are riding high, remember the bear is up. Short spy, DIA.
If TNA is up, then the bull are riding high. Buy SPY, DIA.



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