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0 point   posted on 07/07/08
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Intelligence
48%
-16.26%
 risk: conservative

Regionals Got Smoked after Marshall&IIsley news


Reasons to SELL HBOS and other small banks today



Marshall & Ilsley warns of 2Q loss

Freddie Mac, Fannie Mae Plunge on Capital Concerns

Home Prices Fall in 23 of 25 U.S. Metropolitan Areas

  Related to:  
HBOS Heritage Financial Group


Comments (4)

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traderdrew   51%     1 point   commented 512 days ago reply

may want to sell fnm and fre outright instead that could give you a straight short at this economic deterioration ... if thats what you in to

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nextfundmanager   N/A     1 point   commented 511 days ago reply

Indymac looks like it was the next one that was destine to fall so the real question is which one to you think is going to be next?

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loneranger   38%     1 point   commented 510 days ago reply

Washington Mutual should be the next region to fall but I may consider shorting a basket of these regionals expecting at least 1 failure.

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traderdrew   51%     1 point   commented 491 days ago reply

apparently the FDIC has a list of almost 90 small banks that have the potential to go under


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