Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI) -- Ignore unavailable to you. Want to Upgrade?

To: BDR who wrote (86)	9/10/1998 6:17:00 PM
From: BDR	Respond to of 268

Anyone have any thoughts on these banks as candidates for shorting. I am basing the recommendations on the overall trend (what bank isn't trending down?) and my rudimentary reading of MACD and/or Stochastic, but also on the PE and Market to Book Value Ratio expressed as a percent. Symbol PE Mkt/Book FITB 36 493 SNV 29 533 USB 37 528 The PE's particularly caught my eye. Compare to the main subjects of this thread: CMB 11 187 CCI 12 232 BT 9 160 JPM 13 159 Are the first three so well isolated from the risks the last four face that a three fold increase in PE is justified?