Quote:
Originally Posted by U376977
You all are missing the option to buy short. You would profit if the stock went down. Financials are a perfect buy for that. BoA, Chase, Wells Fargo, all will tumble if Fannie and Freddie are nationalized. Home builders are no doubt going down more. Anything oil connected, can someone say....Airlines. Even trucking co.
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as much as this might very well go further south, dont you think the short ship has already sailed? a lot of these stock are already down 50% or better.
if you have money and it isnt in the market right now, it might be better to sit around and wait till it shakes out some.
it wont be long before bottom fishing pays pretty big.
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