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To: marginmike who wrote (93054)3/12/2004 11:26:47 AM
From: Perspective  Respond to of 209892
 
I've actually decided that the banks are usually the *last* things to short. They are a sort of "peak detector", holding rock solid until things look like there might be a general disaster, and then they collapse in catch-up mode. So, be short the other stuff first, and when that stuff has fallen a good bit and it looks like there might be *systemic* trouble ahead, that's when you short banks.

BC


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