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Another Bear Market Rally?

Source: http://feeds.feedburner.com/~r/StocksOptionsBlog/~3/386737020/
Posted on Monday, September 8th, 2008 | In Stocks to Watch
Contributed by: Daniel Shepard (http://www.navivest.com/blog) -

The Fannie (FNM) and Freddie (FRE) induced rally seems to be losing steam and some stocks are pulling back. It seems we have another shorting opportunity and traders might want to consider some of the big movers to the upside. Wells Fargo (WFC), Morgan Stanley (MS) and Wachovia Bank (WB) are among the good shorting candidates. Option traders could buy puts in these stocks.

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About Daniel Shepard (http://www.navivest.com/blog)
Daniel Shepard is an Equity Analyst with Navivest, a stocks and options trading advisory services company that provides trading ideas on a subscription basis.

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