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Strategies & Market Trends : Waiting for the big Kahuna
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To: Real Man who wrote (79122)1/25/2008 7:19:43 AM
From: carranza2  Read Replies (1) of 94695
 
I started shorting financials - again - via SKF because Wednesday's rally gave me a tremendous entry point as SKF went down 13%.

Am prepared to wait until the inevitable denouement in financials I expect in a few months, which will be nasty and gory. At least one house and a major bank will disappear. No telling how their country cousins, the regionals, will do, but they are less astute, in the main.
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