Tuesday, January 17, 2012

Any Visa shareholders?

A long position in V or MA is bet on consumer activity. The media is pumping the airways with a very negative essment of near term consumer spending. I would like to buy after the Thanksgiving weekend to have supporting data of a consumer return to the stores. Gosh, both V and MA are really down. Take a look at MA if you have not already. My opinion: hold and add if the consumer comes back. The gasoline decline is one positive for both of these processors.

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