ETFs are EZ

“I’m still buying bank stocks [KBE] but I’m hedging it by being short the stock market [SDS]. "

it represents anks. I am short options on KBE and am up 160%.

Q: What about banks?

A: One of the groups that will benefit most from the Federal Reserve's easing policies is the money-center banks. The best way to participate is to buy the KBW Bank ETF, [KBE], which is an exchange-traded fund for the group. There are individual banks that seem attractive such as Citigroup [C], but my favorite vehicle is the KBE. Even if one bank gets stuck with a lot of toxic waste, the group will be helped by the Fed.

out of favor EFT

This is just banks which may appeal to anyone not wanting exposure to AIG.

This is just banks which may appeal to anyone not wanting exposure to AIG.