JPMorgan one of the last financials with enough meat on it to short

Discussion in 'Wall St. News' started by wilburbear, Mar 4, 2009.

  1. Market up 150, JPM down 6%. The scuttlebutt is that hedge funds are beginning to work their magic in this stock.
  2. Their derivatives team does not consist of rookies...:cool:
  3. Financials are not taking part in this rally.

    I believe we are rallying on the Obama comment yesterday and China's stimulus package.
  4. It helps when your founder created the Fed.