Short Wells Fargo Wtc

bond_trad3r · Apr 14, 2009

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Quote from marketsurfer:

SURF ALERT SURF ALERT

Short Wells Fargo @ 19.60

classic. target SUB 10

surf

marketsurfer · Apr 15, 2009

Quote from dearinfinity:

Hey surfer, why single out WFC, rather than simply trade the FAZ? Any particular reason?

unclear about the sector as a whole. WFC looks like a loser to me here.

surf

dearinfinity · Apr 15, 2009

yeah I hear you, thanks

Corelio · Apr 15, 2009

Roman Candle · Apr 15, 2009

Banks are getting a free pass to cook the books why on earth would you short them.

They are not going to tell the truth, thats why they were call to the white house. No change Obama gave them the wink and nod to get cooking.

Ivanovich · Apr 15, 2009

I'd like to go FAZ right now. I like your short call, but am not seeing anything but an up market. No reason to suggest the rally is at an end any time soon given the moves up we're seeing. Especially at close today.

ElCubano · Apr 15, 2009

Quote from Roman Candle:

Banks are getting a free pass to cook the books why on earth would you short them.

because cooking them books is the best short.....

atticus · Apr 15, 2009

Long JPM into the close from 32.33. WFC and the rest will rally tomorrow.

dearinfinity · Apr 15, 2009

Quote from atticus:

Long JPM into the close from 32.33. WFC and the rest will rally tomorrow.

What numbers are coming out tomorrow to back up this statement?

ASusilovic · Apr 15, 2009

Quote from atticus:

Long JPM into the close from 32.33. WFC and the rest will rally tomorrow.

Atticus,

please explain...