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Strategies & Market Trends : Waiting for the big Kahuna

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To: Qualified Opinion who wrote (79456)2/9/2008 10:42:18 AM
From: Real Man  Read Replies (2) of 94695
 
housing-watch.com
I would not invest in banks. This was one
stunning short covering rally. The first wave
of the credit crisis will likely last well into
the Summer, then we may have a bounce. The second wave
hits in 2011. I shorted WFC, who still has a lot of crap
to write down, and is still pretty close to the highs.
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