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Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI)

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To: HiSpeed who wrote (67)9/8/1998 11:15:00 PM
From: HiSpeed  Read Replies (1) of 268
 
Looks like just about everything ramped today. Tomorrow, I would assume traders will be looking for a follow through on today's rally if we are to become bullish again. If things collapse late in the day, once again, our favorites on this thread will be shorts again.

However, if the market keeps ticking up, many of these beat-up stocks will be great long picks - at least for a trade. I may still be cautious of the ones that have yet to announce how much their earnings have been affected by the meltdown of many overseas markets.
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