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Short Financial ETFs: Watch Out for the Fannie/Freddie Effect

Post Date: Sep 08, 2008 12:15 a.m.
Ranked website: seekingalpha.com (Ranks #219 of 3,783,534)

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Gary Gordon submits: You’ve been right as rain if you’ve been bearish on financial stocks in 2008. Bear Stearns (BS) imploded. Indymac (IMB) failed. And the public lost faith in the ability of the GSEs (Fan/Fred) to function. Still, did you make money shorting financial companies? As a trader, maybe. As an investor, the buy-n-hold model has earned you little for your troubles. Complete Story »

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