JP Morgan Chase & Co (JPM): I would not be in the least surprised to...

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Re: adeezl post# 2499

Saturday, 09/15/2012 8:57:19 AM

Saturday, September 15, 2012 8:57:19 AM

I would not be in the least surprised to see a broad market pullback from this week's levels as the rosy glow of QE fades into the grimmer reality of a tepid economic recovery. My concern with shorting bank stocks would be a possible Romney win in November which the market might read as the upcoming repeal of Dodd-Frank right after Inauguration Day. I think I would want to be out of any short position prior to the election.

Good luck!

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