Short Wells Fargo Wtc

Quote from Roman Candle:

Your going to loose. Banks are giving cooking lessons. Everyone is starting to cook again.

PRESTO!

Most folks called the Fantasy Island Accounting before the accountants were serving salad and the rest of them started figuring it out on Friday (4-17).
Made a bundle on SKF today, wondering if I pulled too much out too soon?
 
Quote from marketsurfer:

nothing has changed on this LONG TERM HOLD to sub 10.

stay tuned.


surf

Nice chop thus far. I know they pre-released, but they come out with actuals soon?
 
9j40ty.jpg



looking positive for sub 10. short
 
Quote from marketsurfer:

9j40ty.jpg



looking positive for sub 10. short

Funny.....the guy who rips on using charts/past prices........is using a chart.


You should be stopped out on this one by Monday's close.
 
The government stress test of banks is almost complete and the best of the breed including Wells Fargo will probably start leaking their positive results to the media next week.

what sews this up is the statement by fed officials (today) that they won't let the largest 19 banks go under. Really too bad you didn't catch that...

Clearly your "talent" lies elsewhere Marketsurfer. Perhaps you can find a way to make additional money renting umbrellas at the beach.....


:D
 
Trend following types clean up in trades like this WFC one, while guys like Surf who "try" and pick tops get clobbered. Nothing new here folks.

Funny how Surf shorted one of the strongest banks.

God is he the worst.
 
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