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Non-Tech : Bill Wexler's Trading Cabana

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To: KaiserSosze who wrote (4937)2/19/2009 6:49:58 PM
From: RockyBalboa  Read Replies (2) of 6370
 
No. I am not kidding. Banks could bounce every minute. I buy UYG as a kind of leveraged option; if it doesnt run I give it up and try something different. What should I say? I stayed short banks for a long time with a grim determination and steely nerves.

Today, European banks bounced 10%.
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