SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (97089)9/28/2017 3:29:28 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 222063
 
I bought back a reduced position in U.S, large bank near the low of the day due to President Trump's corporate tax rate proposal of 20%. However, it's hedged 3 to 1. It won't hurt me if the stock market crashes and the bank goes under.

U.S, large banks can only have a 3% exposure to stocks. However, it's the indirect exposure of liberals sticking it to the man which can nail them.