After being extremely bearish, he's now a raving BULL on bank stocks . . .
After today's close ( I believe that he said something to the effect ) that they have nowhere to go but up because the "cloud of uncertainty" has been lifted on the group!
Said he sold WFC today, but will probably regret it. Said the easy money has already been made, and that he has to buy his wife something nice for Mother's Day this weekend. Also said he likes Goldman and Citi, among others.
So much for a 40 year old guy that looks like a 50 year old guy . . . whose only been trading for 10 years.
I guess the venture capital firm with his older brother Kenneth didn't work out too well, nor was he able to get much of a job in the hedge fund business after graduating from Stanford with an MBA in 1997.
Hmmmmm... Could this be a great fade???
After today's close ( I believe that he said something to the effect ) that they have nowhere to go but up because the "cloud of uncertainty" has been lifted on the group!
Said he sold WFC today, but will probably regret it. Said the easy money has already been made, and that he has to buy his wife something nice for Mother's Day this weekend. Also said he likes Goldman and Citi, among others.
So much for a 40 year old guy that looks like a 50 year old guy . . . whose only been trading for 10 years.
I guess the venture capital firm with his older brother Kenneth didn't work out too well, nor was he able to get much of a job in the hedge fund business after graduating from Stanford with an MBA in 1997.
Hmmmmm... Could this be a great fade???