Short Wells Fargo Wtc

[marketsurfer]

SURF ALERT SURF ALERT

Short Wells Fargo @ 19.60


classic. target SUB 10


surf

 

[marketsurfer]

 

[Daal]

wow, this must be like the first time you ever make a call that is likely to work

 

[shortie]

Quote from marketsurfer:

SURF ALERT SURF ALERT

Short Wells Fargo @ 19.60


classic. target SUB 10


surf

what's the upside risk?

 

[marketsurfer]

Quote from shortie:

what's the upside risk?

whatever you want.

suggest flat @25.07

surf

 

[ASusilovic]

Quote from marketsurfer:

SURF ALERT SURF ALERT

Short Wells Fargo @ 19.60


classic. target SUB 10


surf

I am with you !

 

[1flyfisher]

I have been shorting financials since 07 and profiting quite nicely all the way down as you can imagine.

I would like to say that Wells is one of the better banks out there and I would suggest that there are much better financials to be shorting after this recent run up for the financials and overall market.

I do believe the financials will see another leg down and there is money to be made on the short side.

Citi for instance.

But I do think you will profit on this trade.

Good Luck
Happy Trades!

 

[marketsurfer]

nailed the entry on this one so far. suggest holding, <10 is in the cards easily.... potential total take down.

stay tuned, surf

 

[marketsurfer]

Quote from 1flyfisher:

I have been shorting financials since 07 and profiting quite nicely all the way down as you can imagine.

I would like to say that Wells is one of the better banks out there and I would suggest that there are much better financials to be shorting after this recent run up for the financials and overall market.

I do believe the financials will see another leg down and there is money to be made on the short side.

Citi for instance.

But I do think you will profit on this trade.

Good Luck
Happy Trades!

nice trading, thanks for the kind words!

surf

 

[dearinfinity]

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