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

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To: JEB who wrote (185)10/27/1998 9:13:00 PM
From: JF2155  Read Replies (2) of 268
 
JEB--my guess the no devaluation news was built into todays action. I believe the $ amount the Brazil pres. is asking for under lines just how bad South America is getting.

I find no support for BT till all of BT bad news is out. A buyout will support them . at 60 maybe.

More China loan defaults is the next maybe. Fear is a shorters best friend.

I don't go for 1/2 points-- usually 2 but in this stock I'm gunning for 10 points at least. Got that many on its recent rally.
How about that AOL --best stock in the next 5 years IMHO
JIM
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