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6 pts

Opinion on  UltraShort Financials ProShares (SKF)
Hedge Fund/Private Equity Unwind buy SKF

Jul 11, 2007 12:20 AM GMT
Return Risk
-6.90% HIGH
Sr. Analyst

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Today's action in the market signals something fishy going on in the banks.  I think the financial industry will go the way of the housing industry and is starting to turn over.  If the liquidity dries up as it is starting to, not only will the banks have to absorb losses they will no longer be reaping the revenues they did when they were advising on all the buyout deals.  If this is the case, we all know where this is leading.


SKF:  This call was made on 07/11/07 @ $75.69
Rating:   Positive   $75.69 (07/11/07)
Gain/Loss:   -66.76% in 878 days
Target:   $100.00 (+32.12%) in > one year
Allocation:   19.1% of portfolio


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