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

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To: Bill Murphy who wrote (235)1/24/1999 8:56:00 PM
From: JEB  Read Replies (1) of 268
 
Hi Bill,

I'm back to take a pound of flesh from some of these banks. The time is near. Have you seen the SPY tr index:

bigcharts.com

Do you notice the broken ascending support? Very bearish!

Brazil is losing it and now China has turned its back on one of their RIT's (Guandong Province RIT). China has 240 RITs. Word is they will only back 40! The banks will suffer for this.

Good trading,
JEB
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