SHORTING, THE BEST ONES NOW

  I am trying to rapidly make up a list of possible shorts. this will include those not only for the coming weeks, but for the prospect of a Democratic victory (especially one that might feature Mrs. Clinton!!).

  Any idea appreciated, I haven't one I really like yet, but when I do I am going to short it aggressively.

 

MON, MOS, POT will not die anytime soon gunners

the devaluing of the dollar and increase in affluent and hungry populations of china and india will continue to demand more and more food
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from bernanke this morning...my mind is blown at this

One of the suggestions Bernanke made was for mortgage and other financial companies to reduce the amount of the loan to provide relief to a struggling owner. "Principal reductions that restore some equity for the homeowner may be a relatively more effective means of avoiding delinquency and foreclosure," Bernanke said.

Take the high beta tech stocks..the BIDU and AAPL stocks, add CMG on the list, ISRG..

Any stock with a high PE.

I am shocked that the brokers/banks are beating each other up..I think it was Merrill today who beat down Citi..and Citi at a new low, market getting smoked yet again.

wall - C is getting beaten down b/c of:

click

wow very scary shit...stick your dick in the cookie jar for 4 years...well at some point the jar will close

Yeah I cannot go near C with that kind of verbage..the only kind of bank to own is a pure play that has NO subprime assets.

wall - that bank is HCBK, Hudson City Savings

all clients are very wealthy...north jersey, nyc...they lend to people who dont need it

gunners - click

Yeah but the yield stinks and the upside isnt great.

For a 2% yield I would rather own a MUNI bond..

What about PNC? Do they have much exposure? I would doubt it..plus a 4% yield isnt bad?

from what i read wall PNC is not exposed much if at all...old rumors of a JPM takeover helping keep it up

Had a PNC acct when we lived in PA..I have to say their service is terrible, their fee structure is a joke, branch hours stink etc.

One great thing living here versus PA is having Compass Bank as a choice..no question Compass is better.

That said, I would feel comfortable owning PNC versus C and the 4% yield. The upside isnt as good, but it is pretty safe.

wall - ive had pnc forever personal and business

24/7 phone people

-pay zero fees
-if i use a foreign ATM they credit me the fee

Koaj,

PNC charged for checks, had a high min balance to earn any interest, was not open on Sat. Yeah the phone service is fine, but I am referring to branch only.

Loan rates were terrible, monthly fees for normal accounts unless you had their premium plan (forget the name).

This was 5 yrs ago, so things could have changed but at Compass I have free checks, no fee for checkwriting, free business acct, rebate of ANY non- Compass ATM fee, discounts on loans and decent MM rates.

Lets see if they have enough power to turn the market positive..wouldnt shock me.     

well...my mom used to work there so i get all the employee perks

my accounts are grandfathered

been there for 12-15 years at least, never a fee on anything ever

mind you, i dont do loans (yet) or go into a branch...everything is phone or online so my needs are minimal