These little rallies don't stay too long, do they?
I mentioned on the "Weekly Watchlist" that I still like the idea of buying puts on the banks as they crack through support. After a quick scan of the financial sector, I came up with these candidates. This set-up has worked 100% of the time with the bank and brokerage stocks we've followed. I'm not suggesting that the track record will remain in tact going forward, but the "short the financial sector" theme has been a lay-up.
I'm sure I overlooked plenty, so feel free to add your ideas in the fine print beneath mine.
AXP
FNM
LNC
MFC
WSFS
MTB
PNC
STI
