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ProShares UltraShort Financials Message Board

  • aiopia aiopia Mar 27, 2008 4:55 PM Flag

    120+ by tomorrow

    Why will hold any financial stocks through the weekend..Major selling tomorrow

    The trend will continue next two weeks as banks announcing quarter reports.

    According to Barron's article today..There will be a rude awakening .The first quarter report will be much worst than anyone can imagined..

    After said and done. LEH, WM, Citigroup will be 50% reduction in stock value in two months..

    SKF to 150++

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    • I am not sure if anyone has brought this up. But, we are a couple days away from the end of the quarter. Hence, window dressing. But, what mutual fund or whatever investment company will be BUYING financial companies to add to their quarter statements? They would have to have rocks in their head. Can't see any significant buying in the next couple days.

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