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Non-Tech : Banks--- Betting on the recovery
WFC 86.96-0.2%3:59 PM EST

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To: Asymmetric who wrote (1216)10/28/2010 6:11:09 PM
From: tejek   of 1428
 
Market reaction to SBNY, WTNY, EWBC much better than stocks
like RF, BAC, SNV, WL, etc. Check them out.


SBNY yes but not WTNY and EWBC....the last two have moved sideways like BAC, RF and SNV.

Keep in mind with RF and SNV I bought them at single digits as a speculative buy. Same with BAC which I sold at a nice profit. I admit I am speculating with all those stocks as well as HBAN. The reward will justify the risk if I am right. If I am wrong, I get kicked in the butt. So far I am ahead on all of them except SNV although I plan to sell RF on a bounce because I think its dead meat for the next three months.
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