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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Sam who wrote (1660)5/24/1999 3:08:00 PM
From: X Y Zebra  Read Replies (3) of 3536
 
Banks get a rare (once a century?<g>) "sell". ''The risks of owning bank stocks do not seem worth the returns''

To see how good this recommendations are....

I have created a corresponding portfolio...

"Stock Hens Announcement Tactics" (SHAT)

(as of 5-24-99)

techstocks.com

I assume the idea of a "sell recommendation" is to profit from a short position....

The price entered were as of 5-24-99 (based on prices between 11:00 AM through 1:00 PM)

Blocks of 1000 each.

Commission of $30.00

The banks, (and brokers), included are:

C (Citybank)

CMB (Chase Manhattan Bank)

JPM (JP Morgan)

ONE (Bank ONE)

BAC (Bank Of America)

WFC (Wells Fargo Corp)

And Brokers.....

MER (Merryl Lynch)

MWD (Morgan Stanley Dean Witter)

LEH (Lehman Brothers)

So... Let's sit down and watch how the banks and brokers mentioned in the press release, will do in the next 2 - 3 months or so.

__________

Edit:

The above is no recommendation at all.... simply a way to keep track of above recommendations/announcements.
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