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

To: Bill Murphy who wrote (235)1/15/1999 3:05:00 PM
From: Michael Young  Read Replies (1) | Respond to of 268
 
<<<Alan Abelson, Editor in Chief of Barrons, thinks very highly of Peabody.>>

Alan Abelson has cost more investors more money than just about anyone in history. He and Peabody have been bearish on Banks for years. And they have been very, very wrong.

MIKE



To: Bill Murphy who wrote (235)1/24/1999 8:56:00 PM
From: JEB  Read Replies (1) | Respond to of 268
 
Hi Bill,

I'm back to take a pound of flesh from some of these banks. The time is near. Have you seen the SPY tr index:

bigcharts.com

Do you notice the broken ascending support? Very bearish!

Brazil is losing it and now China has turned its back on one of their RIT's (Guandong Province RIT). China has 240 RITs. Word is they will only back 40! The banks will suffer for this.

Good trading,
JEB


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