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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS -- Ignore unavailable to you. Want to Upgrade?


To: zx who wrote (382)9/14/1998 1:54:00 AM
From: Cavalry  Respond to of 1637
 
please share with the thread if you find any interesting ones, bank stock update, i found the article
With the world economy still a shambles larger banks are vulnerable not only to further trading losses but to as-yet incalculable loan losses from asia, russia and latin america.

It's not a straight line down every single day, there a number of relief rallies.

if there a number of buying opportunities they're popping upamong regional banks with little or no overseas exposure.

STB-BIG INCREASE IN SHORT POSITION LAST 2 MONTHS FROM JUNE TO AUGUST/
FTEN-22 DAYS TO COVER SHORT WITH FTEN'S AVG DAILY VOLUME

stb very shorted potential here
Star Banc Corporation
NYSE: STB
STB
Short Interest
Month Shares(Mil) %Outs.%Float Days
08/10/98 7.591 7.917 9.102 21.876
07/08/98 6.439 6.716 7.721 10.969
06/08/98 2.346 2.447 2.813 20.579
05/08/98 2.087 2.177 2.502 10.383


FTEN NICE SHORT ALSO
Short Interest
Month Shares(Mil)%Outs.%Float Days
08/10/98 5.624 4.402 4.539 22.229
07/08/98 5.607 4.389 4.525 11.955
06/08/98 5.552 4.346 4.481 14.611
05/08/98 5.894 4.613 4.757 18.080


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