SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MIKE DUBIS who wrote (38)9/5/1998 12:24:00 PM
From: BDR  Read Replies (1) of 268
 
<<What banks stocks do you recommend to short.>>

Hi Mike:

My purpose in starting the thread was not to represent myself as an expert in the field but rather to solicit opinions from others more knowledgeable than me on what appears to be a timely subject. The big banks listed in the header have been mentioned repeatedly as having significant exposure to risk. Both commercial and investment banks are reporting losses in specific areas of the world and brokerage firms will probably take a hit in a downturn. But as to specific recommendations and timing I am hoping others will chime in with suggestions. One approach might be to short a basket(case) consisting of JPM, BT, CMB, and CCI and watch them carefully.

And more food for thought:

Greenspan Hints That a Rate Cut Isn't Unthinkable

nytimes.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext