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

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To: JF2155 who wrote (183)10/27/1998 6:20:00 PM
From: JEB  Read Replies (1) of 268
 
Be careful on Brazil news. I heard the package will be adequate and there will be no devaluation.

BT won't be a play until market is ready to drop more. It looks like this week may be up and down movement. BT may not do much (Unless you just want to shave a 1/2 point or so).

Yes CMB was good and so was JPM (They may still be tomorrow morning but they should find a good support level soon).

Thanks,
JEB
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