Megadeth!

My future sugar momma, Meredith Whitney, said this latest Financial Sector bull run will be short lived.  According to a recent Forbes article, she still believes that the top banks still have not properly reserved against greater than expected losses in home prices.  Her forecasts for 2009 and 2010 are much lower than other analysts' estimates.  However, she does believe that Goldman Sachs (NYSE: GS) will meet Wall Street's estimates.  

A more detailed explanation her Financials analysis are found on this Forbes video interview.  It's a bit long but I highly recommend it.  She provides some excellent insights on the future of our country's economy.

For me, the last time she called Wells Fargo (NYSE: WFC) overbought, I went the opposite way and bought (back in December).   DOH.  I only hit the black with the recent WFC announcement!  I'll listen to the expert this time, and plan to ride this supposed bear market "bull rally" with trailing stops on my Financials.  I still think there will be a Financial bear run (later this year), so hopefully around 3rd/4th qtr I'll pull the trigger again to get back into the Financials...let's see how it turns out!