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Citigroup Inc. Message Board

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  • greeock greeock Jun 28, 2008 8:12 PM Flag

    To Buy or Short Financials - what a dilelemma !!

    Yeah, I think you guys are right. Number one, they really did bank (no pun intended) on housing, and we know where that's at. And trying to catch the falling knife is always tricky.

    But there will come a time when a lot of stocks become juicy targets. Meanwhile, I think you're right, sad but true, we might as well short this stuff for awhile more. Not that I mind shorting, it's just that I know there will be a lot of money made by some very smart people who back up the truck slightly in advance of the "herd."

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