Friday, April 24, 2009

FAS-FAZ Eclipse Update

Yesterday we predicted that the ent FAS-FAZ "eclipse" would occur at $8.36. This occurred today right on cue between 8.36 and 8.37 around 12:56PM. It was then followed by several others: $8.36 (1:31PM), $8.35 (2:02PM), $8.33 (2:36PM), and finally $8.31 (3:56PM). This appears to show an intra-day erosion as well.

Data provided by Google. Please click to enlarge.

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