Monday, October 15, 2007
Be Aware
The summer stock market swoon was led by housing/financial stocks. I've been closely following these names for an indication of what to expect going forward. After a few false starts my bank shorts stuck at the end of last week. They look weak again today. Could the banks lead the market lower again? Possible. I'll be looking for the opportunity to get more aggressive in shorting bank stocks and select housing/finance names. Careful out there.
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