Morgan Stanley (MS)

[RonnieD]

traded some calls on the bump, currently
no position, but this all comes down to who
you trust.. can you trust recent company statements
that they not only have small exposure but are also
adequately hedged ?
i think the larger issue, short term bumps or dives
aside (based on Europe news) is the upcoming quarter
which expected to be very weak for both Goldman
and MS. -- and the likelihood of a stale environment
for all of 2012. I just think the upside is sub-20
for quite some time.