TheStreet.com RealMoney

Take the Right Positions Against Banks, Brokers

By Jim Cramer

About this article:
If you're going to shoot at the king, you're going to have to kill him. And those who shot at the homebuilders and the mortgage companies and the brokers and banks in these last few weeks failed to kill the kings. So when we got some mortgage number that was positive -- even though it might not turn out to be, because you can apply all you want to get a mortgage, you just might not get one -- you can feel the squeeze. Plus, and I have said it again and again, I see people being squeezed in common stock. They are shorting KB Home and Pulte and Beazer in common! Common, for heaven's sake! Same with RAIT and the Indymac. These not only can't be shorted down here without a snapback rally if nothing bad happens, they can't even be borrowed. When will these rallies end? When...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here



100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.





If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.